Hike in bulk diesel price : Will it lead to black market ?

Sanjeev - 21-JAN-2013

The government's decision to allow market rates for bulk users of diesel will result in a 15% increase in costs for commercial entities such as IT parks, malls, hotels and large office buildings. Bulk buyers who use diesel to run generators during power cuts will now have to pay roughly 60 per litre of diesel against 49 earlier.