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Modi's gas gambit faces a big hurdle

Customers coddled till now will have to be charged for their consumption: economist
Wednesday, October 22, 2014 - 05:50
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Prime Minister Narendra Modi raised the gas tariff by about a third on Oct 18, part of his biggest energy policy changes since taking office in May - PHOTO: REUTERS

New Delhi

INDIA'S first increase in natural gas prices since 2010 to reverse sliding production leaves a key weakness unresolved: consumers who don't pay enough for power.

Prime Minister Narendra Modi raised the gas tariff by about a third on Oct 18, part of his biggest energy