Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP, said taxes on natural gas have a cascading effect and impact both on industrial and domestic consumer rates. “This would discourage usage of gas as an energy source… Extraction of natural gas is highly capital intensive and attracting foreign investments under this sector would be critical. Hence the government should improve ease of operations for this sector to achieve its target of clean energy and development of national gas grid.”