Is such a steep petrol price hike justified?

PUBLISHED ON: May 23, 2012 | Duration: 55 min, 43 sec

   
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NDTV speaks to experts on the metrics behind the steep petrol price hike by the government and how it will affect the common man and the oil marketing companies. The hike has drawn sharp criticism from political parties. But the question is, is such a steep petrol price hike justified?
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