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Spilling Over

  • Without disinvestment, deregulation in oil sector is meaningless since government remains largest shareholder with a monopoly in marketing.

  • Subsidy amounts for kerosene and LPG yet to be finalised.

  • Natural gas pricing policy lacks clarity. Price bands restrict domestic players.

  • Final price for ONGC crude not fixed seven months after APM dismantling.

  • No regulator in place. Draft regulatory bill rests actual powers with government.
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