Fuel price hike to push up inflation: Kaushik Basu

PUBLISHED ON: June 28, 2010 | Duration: 24 min, 34 sec

  
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Finance ministry's chief economic advisor Kaushik Basu, says the decontrol on petrol and diesel would lead to 0.9 per cent rise in inflation in the short-term. Dr Basu noted that prices will rise and fall in line with the international prices.
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