Government's dilly-dallying on gas price hike disappointing: Arvind Sanger

In a chat with ET Now, Arvind Sanger, Managing Partner of Geosphere Capital Management, shares his views on the gas price hike issue. Excerpts:

ET Now: What do you make of the continues push in the gas price hike decision?

Arvind Sanger: It is frankly one of the most disappointing things that this government has done. It is unwilling to make a decision. It always comes back to what Reliance did to whom and how and therefore everybody sees the gas price decision through the prism of will it or will it not benefit Reliance and that is a challenge that this government is facing. Frankly it is negative for India in terms of encouraging oil and gas exploration.