ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Calcutta Diary

 IF incantation were enough to exorcise the influence of the foreign oil companies from the country, the task would have been achieved long ago. There is no count of the number of times successive Petroleum Ministers have affirmed and reaffirmed the government's intentions towards these companies. On March 30 D K Barooah was telling Parliament that the government was committed to bringing the entire production, refining and distribution of petroleum under the public sector. Six weeks later, on May 7, he was once again assuring Parliament that it was the government's policy that the commanding heights of the country's oil economy should be controlled by the state.

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