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The Modi government in India has made a decision to change the process of determining the prices of Piped Natural Gas (PNG) and Compressed Natural Gas (CNG). This move is expected to provide relief to the common people as it will result in a reduction in the prices of both types of fuel. With this decision, the government aims to make natural gas more affordable and accessible to the general public, which will help in reducing inflation and boosting economic growth.
Highlights
- The Indian government has revised the pricing mechanism of PNG and CNG, which is expected to bring down the prices of both types of fuel.
- The decision is a significant step towards reducing inflation, which has been a major concern for common people in India.
- The new pricing mechanism is based on a formula that takes into account the cost of gas, transportation, and distribution, among other factors.
- The reduction in prices of PNG and CNG is likely to benefit a large number of people, including those who use these fuels for cooking, transportation, and other purposes.
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