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Rigidity is risky

Mint Mumbai

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March 16, 2026

Given the distinction that India makes between essential and discretionary spending, the Centre's use of the Essential Commodities Act to regulate LPG supply was no surprise.

Households being prioritized over commercial users was like a policy reflex; restaurant food is seen as an indulgence. Yet, market psychology doesn't always comply. The very visibility of LPG-starved eatery closures may have amplified the sense of scarcity that set off a rush for LPG cylinders, worsening

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