How life is changing, is the one example of IOCL's venture into retail market. If Govt can't think beyond its subsidy policy then the somebody has to think. It is really very good idea of IOCL in principle but long way to go....... Now time has come for the govt to provide complete autonomy to the PSU though disinvestment is not the option govt will choose due to political pressure. It is time for the govt to think out of the box otherwise all PSU(specially OIL and GAS based) will be sick and die its own.
