Govt not to bear higher subsidy on gas-price hike: Montek

Planning Commission deputy chairman Montek Singh Alhuwalia doesn't believe that the government should bear the burden arising from the difference between input and output prices of gas.

Also read: Petrol price up by Rs 1.82/L; to cost Rs 76.90/L in Mumbai

Speaking to CNBC-TV18 at the sidelines of Network-18's Think India Dialogue, he says, "I am personally not in favour of any increase in the subsidy burden as subsidy is not a part of planned expenditure. So, it is for the finance ministry to decide that. However, I don't think there has been any specific proposal. If there is a proposal, the government will definitely take a look at it."

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