India

Deregulate Kerosene Pricing in India

By Raymond E. Vickery, Jr —  Status: Partially Done — Kerosene meant for Public Distribution System (PDS) remains price controlled and subsidized. Despite deregulating non-PDS kerosene during the first term, Prime Minister Modi’s government incrementally raised the control price of…

Deregulate India’s Natural Gas Pricing

By Raymond E. Vickery, Jr —  Status: Incomplete — Acquisition price for domestically-produced gas largely set by government through a formula using prices in several developed markets. Pricing of gas from new, deepwater, and high pressure/high temperature wells liberalized but…