<p> “Decontrol prices for all POL (petroleum and oil) products by linking the pricing directly to international oil prices,” said the RBI annual report. <br /><br />The RBI report said, “any fiscal measure to moderate the impact of high oil prices over a sustained period could drag the fiscal position to unsustainable level.Delivering subsidies as a cash outgo instead of through oil bonds, could be the first step towards promoting energy security,” RBI said</p>
<p> “Decontrol prices for all POL (petroleum and oil) products by linking the pricing directly to international oil prices,” said the RBI annual report. <br /><br />The RBI report said, “any fiscal measure to moderate the impact of high oil prices over a sustained period could drag the fiscal position to unsustainable level.Delivering subsidies as a cash outgo instead of through oil bonds, could be the first step towards promoting energy security,” RBI said</p>