Monday, July 15, 2013

Govt to Step up speed of reforms after Gas Price Hike

After the increment in gas prices, the Government is set to issue further reforms in various sectors
as under:-

  • Higher FDI limits in many sectors
  • Authority for railway tariffs
  • Regulator for roads sector
  • New instruments to attract sovereign wealth funds
  • Allocation for coal blocks & natural gas
  • Implementation of fertilizer policy
The following actions has been implemented :-

  • Sharp rise in price for gas produced domestically
  • Independent regulator for the coal sector
  • Exit facility for road project developers

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