Bringing LNG under GST will improve affordability: Debasish Mishra, Deloitte India
Government is addressing the infrastructure availability issue in oil and gas sector but the affordability problem still remains, says Debasish Mishra, Partner, Deloitte India. Excerpst from a interview with ETNOW.
How will bringing LNG under GST impact the sector and when do you see that happen?
The industry has been demanding GST for the last two years, but the states earn a lot of revenue from the oil and gas sector. They have always been reluctant to include oil and gas in the GST regime. The news reports and the honourable minister mentioned that $60 billion worth of investment is lined up for the gas segment alone and that includes trunk pipelines like the Urja Ganga and LPG projects.
