By Xinhua
Mumbai : The Indian Cabinet, headed by Prime Minister Manmohan Singh, is likely to meet on Monday to discuss raising petrol and diesel prices because of surge in international crude oil prices.
“As of now, the Cabinet is scheduled to meet at 4 p.m. on Monday,” a senior Government official said.
Petroleum Minister Murli Deora is, however, opposed to even a marginal increase in fuel prices and is seeking a cut in excise duties on petrol and diesel. The Cabinet will have to decide between raising of fuel prices or cutting duties as desired by Deora.
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