Price rise can be reduced by increasing Diesel price: central ministry

The central ministry on yesterday had said that if the diesel price to be increased then the price rise will be reduced . The minister had said that it is an alternate phenomena occurring in every nation. This report is seen on the finance report discussed in the Loksabha. In the current year the country only had about 5.9 % growth which is less than the calculated rate. The ministry is saying about the positive facts concerning about the price rise. If the diesel price would be increased it would make the G.D.P growth to increase and rather reduce the price rise. The report made the conclusion that the current growth rate had been declined due to the low growth rate in the agriculture zone .The Industries and commercial area had also be in a decline growth rate position . If the price rise is still increasing then the government must think of increasing the diesel prices in the upcoming days. But it would be a series of burden to the local people to live in the country. If the current system persists then the government must think of imparting the new price for diesel.

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