Monday, April 28, 2008

IIM/IIT to sell only premium fuels; Corporations join in

When Government won’t let them raise prices for fuel despite higher input costs, the PSU oil marketing companies stopped selling low cost fuel at their stations. In many outlets, they sell only premium fuel that’s free from price curbs.

A few days back, the Government wanted reservation for SC/ST/OBC students in IIT/IIM and even wanted private sector to give them reservations. They also were to be charged lower fees by these institutes.

Now will these institutes and companies in the private sector develop a premium product to get around those impositions?

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