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India’s fuel crisis: will the proverbial elephant in the room turn into a peg-lifting camel in the tent?

India’s fuel crisis: will the proverbial elephant in the room turn into a peg-lifting camel in the tent?

India’s fuel crisis: will the proverbial elephant in the room turn into a peg-lifting camel in the tent?



Prime Minister Modi has called upon Indians to reduce transport fuel use, a necessity in the face of today’s oil shock. India’s diesel overuse and the futility of price pegs must be openly acknowledged—and policies framed to hasten a shift away from imported crude oil.

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