Voice of America: India's Diesel Price Hike Met with Backlash

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

India's Diesel Price Hike Met with Backlash Sep 14th 2012, 10:54 In India, the government is facing strong political opposition to its decision to hike diesel prices, which are heavily subsidized. The increase is being seen as a signal that the government is willing to push through unpopular reforms to jumpstart the country's lagging economy.   Protestors led by regional parties hit the streets in several cities including Mumbai and Kolkata on Friday demanding a rollback of the 14 percent hike in diesel prices, which has long been subsidized to ... Media files: 25723CE9-C77C-4310-BBEB-1927D617E4D0_cx0_cy0_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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