{"id":297793,"date":"2019-10-24T12:16:35","date_gmt":"2019-10-24T06:46:35","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=297793"},"modified":"2019-10-24T12:16:35","modified_gmt":"2019-10-24T06:46:35","slug":"new-fuel-retail-rule-easier-entry-norms-may-dent-monopoly-of-psus","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/new-fuel-retail-rule-easier-entry-norms-may-dent-monopoly-of-psus\/","title":{"rendered":"New fuel retail rule: Easier entry norms may dent monopoly of PSUs"},"content":{"rendered":"<p>The Cabinet Committee on Economic Affairs on Wednesday relaxed the norms for firms to open fuel retail outlets, effectively paving the way for more private companies\u2014both foreign and domestic\u2014to enter this business domain.<\/p>\n<p>The move is expected to attract investment in the sector after lower-than-expected interest was shown by private oil companies to invest in the segment even after the deregulation of auto fuel prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Cabinet Committee on Economic Affairs on Wednesday relaxed the norms for firms to open fuel retail outlets, effectively paving the way for more private companies\u2014both foreign and domestic\u2014to enter this business domain. The move is expected to attract investment in the sector after lower-than-expected interest was shown by private oil companies to invest in the segment even after the deregulation of auto fuel prices.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-297793","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=297793"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297793\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=297793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=297793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=297793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}