Assistant Professor, School of Petroleum Management (SPM), Pandit Deendayal Petroleum University (PDPU), Gandhinagar, Gujarat. E-mail: Kaushalk206@gmail.com; Mobile No. +91-9725846073
Online published on 15 February, 2019.
Energy sector in India is always vibrant and unpredictable. The reasons may be as geopolitical issues, demand-supply mismatch, government's policy and status of the economy etc. Pricing of petroleum products in India is equally interesting due to different demographic setup. The study on deregulation of pricing of Liquefied Petroleum Gas (LPG) is indeed need of the hour to see the overall impact on different sectors. Considering the timeline and availability of resources, a secondary database study was conducted to understand the need of deregulation of pricing of LPG and its impact. The overall finding suggest that the timing of deregulation is right and it will bring positive result for the economy in the long run.
Deregulation, liquefied petroleum gas (LPG), energy security, socio-economic impact
