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India should keep election politics out of energy policy

The best solutions need long-term continuity with cross-party consensus

| India
New Delhi's message to oil producers: Do not kill the goose that lays the golden egg.   © Reuters

The 30% slide in international crude oil prices from four-year highs notched in early October could well benefit the chances of Prime Minister Narendra Modi's ruling Bharatiya Janata Party in India's general elections, to be held in the spring.

In one of the world's largest economies, with a burgeoning urban middle class, pump prices can quickly become a hot-button issue, especially if they hit historic highs, as happened early last year.

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