India cuts prices of cooking gas by 200 rupees per cylinder
India has reduced the price of cooking gas by 18% in order to control inflation and gain voter support ahead of upcoming elections.
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Posted 8/29/2023, 11:49:00 AM
reuters.com
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The Indian government's efforts to control food prices, such as imposing taxes and export bans, may help contain inflation domestically but could lead to higher prices globally, particularly for rice, affecting countries that rely on food imports.