Government Looking At Short-Term, Long-Term Solutions On Fuel Prices

INSUBCONTINENT EXCLUSIVE:
In Delhi, petrol costs Rs 77.47 ($1.13) a litre and diesel sells at Rs 68.53 a litreNew Delhi: The government is trying to get a resolution
soon on tackling rising fuel prices, and it is looking at both short-term and long-term solutions, said Oil Minister Dharmendra Pradhan on
Thursday.Prices of diesel and petrol in India have surged to a record high.Rising global crude oil prices are largely behind the surge, but
fuel is also heavily taxed by state and central authorities, accounting for about 40-50 per cent of the retail cost of petrol and diesel.In