Governance

The Pricing of Kerosene in India

By Raymond E. Vickery, Jr. —  Status: Incomplete – While the Modi government declared its intention to gradually reduce the subsidies on kerosene, market-friendly reforms have continued to elude the government as government controls and subsidies on kerosene remain in place. Difficulty: High…

Modi’s Progress on Natural Gas Pricing

By Raymond Vickery — Status: In Progress – In March 2016, the government did announce a new policy to bring in a revenue-sharing model in natural gas production. However, it has yet to completely deregulate natural gas pricing. Difficulty: Medium – Completely deregulating natural…