Discussion in 'Economy & Infrastructure' started by sob, Jan 18, 2012.
Reliance vs govt: Who’ll blink first as Ambani ups ante on gas | Firstpost
This whole mess in the petroleum sector is because
1. It is a Milch Cow for the Govt. as it generates huge revenues.
2. Politicians are loath to let go of their powers, and do not want the oil industry to be free of controls.
3.This is a political tool and they believe that controlling the final petroleum prices can bring them electoral benefits.
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