Chaturvedi panel and oil sector reforms (Debate)
The Chaturvedi Committee recommendations on how to reform various aspects of the petroleum sector has turned out to be extremely divisive. Three experts debate the coherence and effectiveness of the entire report. I S S U E S Is the proposed special oil tax on domestic producers justified? Should petroleum products be priced on the basis of export prices, as recommended? Is differential prices for auto fuel a good idea? Will it not lead to diversion? Is phased removal of subsidies feasible? SARTHAK BEHURIA Chairman, Indian Oil Corporation Ltd