The Impacts of Diesel Price Increases on India's Trucking Industry

While a reduction in diesel under-recoveries will have significant fiscal and economic benefits for the economy as a whole, rising diesel prices will negatively impact industry and dieselintensive sectors. Earlier research by Integrated Research and Action for Development (IRADe, 2012) established that farmers and truck operators are among the most vulnerable to increases in diesel prices. A subsequent study by IRADe (2013) addressed two important questions: