Articles by Mr Pravin Kumar Agarwal

Mr Pravin Kumar Agarwal

After Independence, for over 25 years, the prices of petroleum products were based on import parity. Then came the administered pricing mechanism (APM), essentially cost-plus, for another 25-plus years. And now, for nearly a decade, we have an...

Mr Pravin Kumar Agarwal

Petroleum subsidies have not only impacted the financial health of the public sector oil marketing companies (OMCs) but also put a strain on the central government's finances. There is an urgent need to get rid of fuel subsidy except for certain...