Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Diesel, LPG subsidy will have to go, says Rangarajan-Ananya Dutta    </title>
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Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken &ldquo;as early as possible.&rdquo;

&ldquo;I..."/>
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Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken &ldquo;as early as possible.&rdquo;

&ldquo;I..." />
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                            <br /><div align="justify">Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken &ldquo;as early as possible.&rdquo;<br /><br />&ldquo;I would not like to put a time frame, I can only say that action will be needed and therefore will be taken as early as possible,&rdquo; he told journalists on the sidelines of an event organised at the Indian Statistical Institute here to mark the birth anniversary of its founder, P.C. Mahalanobis.<br /><br />In his address on &ldquo;Indian Economy &ndash; Concerns and Prospects,&rdquo; Dr. Rangarajan said &ldquo;subsidies were growing&rdquo; and there was need to control them. Food subsidies could not be dispensed with, but there was scope for reducing subsidies on diesel, LPG and kerosene and fertilizers.<br /><br />&ldquo;In the case of fuel subsidies, while we have allowed the oil marketing companies to price petrol according to market condition, we have not done that in relation to diesel or kerosene or LPG. I can understand some sensitivities with respect to kerosene, but I think in the case of both diesel and LPG, we should really move in the direction of increasing the prices while protecting some sections of the community that have lower income.&rdquo;<br /><br />Taking action on the issue of subsidies was not popular or pleasant, but it had to be done, he said.<br /><br />The fiscal deficit stood at 5.76 per cent of the Gross Domestic Product during 2011-12 and the Centre was targeting to bring it down to 5.1 per cent this fiscal.<br /><br /><em>Political consensus<br /></em><br />Pointing out that &ldquo;economic policy depends on political sanction,&rdquo; Dr. Rangarajan emphasised &ldquo;the need to build a political consensus.&rdquo; He was responding to a question on the pace of implementing reforms.<br /><br />Asked whether the Centre might offer a stimulus package to industry given the state of the economy, he said an across-the-board package on the lines of the one given in 2008-09 was unlikely.</div>                                                           
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    <br><a href="http://www.thehindu.com/todays-paper/tp-national/article3587074.ece" class="re" target="_blank">The Hindu, 30 June, 2012, http://www.thehindu.com/todays-paper/tp-national/article3587074.ece</a><div class="clear"></div>
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Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken &ldquo;as early as possible.&rdquo;

&ldquo;I..."/>
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Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken &ldquo;as early as possible.&rdquo;

&ldquo;I..." />
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    <h1 class="cat-box-title">Diesel, LPG subsidy will have to go, says Rangarajan-Ananya Dutta</h1>
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                            <br /><div align="justify">Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken &ldquo;as early as possible.&rdquo;<br /><br />&ldquo;I would not like to put a time frame, I can only say that action will be needed and therefore will be taken as early as possible,&rdquo; he told journalists on the sidelines of an event organised at the Indian Statistical Institute here to mark the birth anniversary of its founder, P.C. Mahalanobis.<br /><br />In his address on &ldquo;Indian Economy &ndash; Concerns and Prospects,&rdquo; Dr. Rangarajan said &ldquo;subsidies were growing&rdquo; and there was need to control them. Food subsidies could not be dispensed with, but there was scope for reducing subsidies on diesel, LPG and kerosene and fertilizers.<br /><br />&ldquo;In the case of fuel subsidies, while we have allowed the oil marketing companies to price petrol according to market condition, we have not done that in relation to diesel or kerosene or LPG. I can understand some sensitivities with respect to kerosene, but I think in the case of both diesel and LPG, we should really move in the direction of increasing the prices while protecting some sections of the community that have lower income.&rdquo;<br /><br />Taking action on the issue of subsidies was not popular or pleasant, but it had to be done, he said.<br /><br />The fiscal deficit stood at 5.76 per cent of the Gross Domestic Product during 2011-12 and the Centre was targeting to bring it down to 5.1 per cent this fiscal.<br /><br /><em>Political consensus<br /></em><br />Pointing out that &ldquo;economic policy depends on political sanction,&rdquo; Dr. Rangarajan emphasised &ldquo;the need to build a political consensus.&rdquo; He was responding to a question on the pace of implementing reforms.<br /><br />Asked whether the Centre might offer a stimulus package to industry given the state of the economy, he said an across-the-board package on the lines of the one given in 2008-09 was unlikely.</div>                                                           
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    <br><a href="http://www.thehindu.com/todays-paper/tp-national/article3587074.ece" class="re" target="_blank">The Hindu, 30 June, 2012, http://www.thehindu.com/todays-paper/tp-national/article3587074.ece</a><div class="clear"></div>
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Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken &ldquo;as early as possible.&rdquo;

&ldquo;I..."/>
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Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken &ldquo;as early as possible.&rdquo;

&ldquo;I..." />
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    <h1 class="cat-box-title">Diesel, LPG subsidy will have to go, says Rangarajan-Ananya Dutta</h1>
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		 Published on</span><span class="text-date"> Jun 30, 2012</span>
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                            <br /><div align="justify">Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken &ldquo;as early as possible.&rdquo;<br /><br />&ldquo;I would not like to put a time frame, I can only say that action will be needed and therefore will be taken as early as possible,&rdquo; he told journalists on the sidelines of an event organised at the Indian Statistical Institute here to mark the birth anniversary of its founder, P.C. Mahalanobis.<br /><br />In his address on &ldquo;Indian Economy &ndash; Concerns and Prospects,&rdquo; Dr. Rangarajan said &ldquo;subsidies were growing&rdquo; and there was need to control them. Food subsidies could not be dispensed with, but there was scope for reducing subsidies on diesel, LPG and kerosene and fertilizers.<br /><br />&ldquo;In the case of fuel subsidies, while we have allowed the oil marketing companies to price petrol according to market condition, we have not done that in relation to diesel or kerosene or LPG. I can understand some sensitivities with respect to kerosene, but I think in the case of both diesel and LPG, we should really move in the direction of increasing the prices while protecting some sections of the community that have lower income.&rdquo;<br /><br />Taking action on the issue of subsidies was not popular or pleasant, but it had to be done, he said.<br /><br />The fiscal deficit stood at 5.76 per cent of the Gross Domestic Product during 2011-12 and the Centre was targeting to bring it down to 5.1 per cent this fiscal.<br /><br /><em>Political consensus<br /></em><br />Pointing out that &ldquo;economic policy depends on political sanction,&rdquo; Dr. Rangarajan emphasised &ldquo;the need to build a political consensus.&rdquo; He was responding to a question on the pace of implementing reforms.<br /><br />Asked whether the Centre might offer a stimulus package to industry given the state of the economy, he said an across-the-board package on the lines of the one given in 2008-09 was unlikely.</div>                                                           
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    <br><a href="http://www.thehindu.com/todays-paper/tp-national/article3587074.ece" class="re" target="_blank">The Hindu, 30 June, 2012, http://www.thehindu.com/todays-paper/tp-national/article3587074.ece</a><div class="clear"></div>
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Diesel, LPG subsidy will have to go, says Rangarajan-Ananya Dutta

Published on Jun 30, 2012   Modified on Jun 30, 2012

Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken “as early as possible.” “I would not like to put a time frame, I can only say that action will be needed and therefore will be taken as early as possible,” he told journalists on the sidelines of an event organised at the Indian Statistical Institute here to mark the birth anniversary of its founder, P.C. Mahalanobis. In his address on “Indian Economy – Concerns and Prospects,” Dr. Rangarajan said “subsidies were growing” and there was need to control them. Food subsidies could not be dispensed with, but there was scope for reducing subsidies on diesel, LPG and kerosene and fertilizers. “In the case of fuel subsidies, while we have allowed the oil marketing companies to price petrol according to market condition, we have not done that in relation to diesel or kerosene or LPG. I can understand some sensitivities with respect to kerosene, but I think in the case of both diesel and LPG, we should really move in the direction of increasing the prices while protecting some sections of the community that have lower income.” Taking action on the issue of subsidies was not popular or pleasant, but it had to be done, he said. The fiscal deficit stood at 5.76 per cent of the Gross Domestic Product during 2011-12 and the Centre was targeting to bring it down to 5.1 per cent this fiscal. Political consensus Pointing out that “economic policy depends on political sanction,” Dr. Rangarajan emphasised “the need to build a political consensus.” He was responding to a question on the pace of implementing reforms. Asked whether the Centre might offer a stimulus package to industry given the state of the economy, he said an across-the-board package on the lines of the one given in 2008-09 was unlikely.

The Hindu, 30 June, 2012, http://www.thehindu.com/todays-paper/tp-national/article3587074.ece

Tagged with: subsidies LPG Energy Inflation

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