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: 73
 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::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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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: 74
 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::printArticle() - APP/Controller/ArtileDetailController.php, line 74
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 88
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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</span></span></code>
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-The Economic Times&lt;br /&gt;
&lt;br /&gt;
The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.&lt;br /&gt;
&lt;br /&gt;
The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel&#039;s recommendations run contrary to the government&#039;s larger objectives.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Some recommendations appear contrary to the declared objective of the government of &#039;sustained and inclusive&#039; growth,&amp;quot; Arvind Mayaram, secretary in the department of economic affairs said, adding, &amp;quot;The government is of the view that in a developing country, where a significant proportion of population is poor, a certain level of subsidies is necessary and unavoidable, and measures must be taken to protect the poor and vulnerable section of the society.&amp;quot;&lt;br /&gt;
&lt;br /&gt;
Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. &amp;quot;While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all,&amp;quot; Mayaram added.&lt;br /&gt;
&lt;br /&gt;
Kelkar Panel has issued a grim warning on India&#039;s fiscal deficitKelkar Panel has issued a grim warning on India&#039;s fiscal deficit&lt;br /&gt;
The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &amp;quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&amp;quot; the committee has said.&lt;br /&gt;
&lt;br /&gt;
If no corrective measures are taken, India can face a crisis worse than the one in 1991, the committee has said. It has also cautioned that the deficit for the current fiscal can widen to 6.1% of the GDP against the budgeted 5.1%, but the government does not seem to agree with the grim prognosis.&lt;br /&gt;
&lt;br /&gt;
Mayaram said the government is committed to keeping its fiscal deficit target as close to its target even as the fiscal deficit in the first five months of 2012-13 has touched 65.7% of that budgeted for the entire fiscal. The panel has suggested that the government should eliminate half of the per unit diesel subsidy by the end of this fiscal and the rest over 2013-14. The subsidy on cooking gas should be reduced by 25% this year and completely eliminated over the next two years, it has said. In the case of kerosene, it has said that the objective should be to reduce the subsidy by one-thirds by 2014-15. &lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Economic Times, 29 September, 2012, http://economictimes.indiatimes.com/news/economy/policy/Kelkar-panels-suggestion-on-subsidy-contrary-to-policy-Government/articleshow/16590416.cms&#039;,
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-The Economic Times

The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.

The report, which has been...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Economic Times&lt;br /&gt;&lt;br /&gt;The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.&lt;br /&gt;&lt;br /&gt;The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel&#039;s recommendations run contrary to the government&#039;s larger objectives.&lt;br /&gt;&lt;br /&gt;&amp;quot;Some recommendations appear contrary to the declared objective of the government of &#039;sustained and inclusive&#039; growth,&amp;quot; Arvind Mayaram, secretary in the department of economic affairs said, adding, &amp;quot;The government is of the view that in a developing country, where a significant proportion of population is poor, a certain level of subsidies is necessary and unavoidable, and measures must be taken to protect the poor and vulnerable section of the society.&amp;quot;&lt;br /&gt;&lt;br /&gt;Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. &amp;quot;While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all,&amp;quot; Mayaram added.&lt;br /&gt;&lt;br /&gt;Kelkar Panel has issued a grim warning on India&#039;s fiscal deficitKelkar Panel has issued a grim warning on India&#039;s fiscal deficit&lt;br /&gt;The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &amp;quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&amp;quot; the committee has said.&lt;br /&gt;&lt;br /&gt;If no corrective measures are taken, India can face a crisis worse than the one in 1991, the committee has said. It has also cautioned that the deficit for the current fiscal can widen to 6.1% of the GDP against the budgeted 5.1%, but the government does not seem to agree with the grim prognosis.&lt;br /&gt;&lt;br /&gt;Mayaram said the government is committed to keeping its fiscal deficit target as close to its target even as the fiscal deficit in the first five months of 2012-13 has touched 65.7% of that budgeted for the entire fiscal. The panel has suggested that the government should eliminate half of the per unit diesel subsidy by the end of this fiscal and the rest over 2013-14. The subsidy on cooking gas should be reduced by 25% this year and completely eliminated over the next two years, it has said. In the case of kerosene, it has said that the objective should be to reduce the subsidy by one-thirds by 2014-15. &lt;br /&gt;&lt;/div&gt;&#039;,
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&lt;br /&gt;
The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.&lt;br /&gt;
&lt;br /&gt;
The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel&#039;s recommendations run contrary to the government&#039;s larger objectives.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Some recommendations appear contrary to the declared objective of the government of &#039;sustained and inclusive&#039; growth,&amp;quot; Arvind Mayaram, secretary in the department of economic affairs said, adding, &amp;quot;The government is of the view that in a developing country, where a significant proportion of population is poor, a certain level of subsidies is necessary and unavoidable, and measures must be taken to protect the poor and vulnerable section of the society.&amp;quot;&lt;br /&gt;
&lt;br /&gt;
Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. &amp;quot;While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all,&amp;quot; Mayaram added.&lt;br /&gt;
&lt;br /&gt;
Kelkar Panel has issued a grim warning on India&#039;s fiscal deficitKelkar Panel has issued a grim warning on India&#039;s fiscal deficit&lt;br /&gt;
The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &amp;quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&amp;quot; the committee has said.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
Mayaram said the government is committed to keeping its fiscal deficit target as close to its target even as the fiscal deficit in the first five months of 2012-13 has touched 65.7% of that budgeted for the entire fiscal. The panel has suggested that the government should eliminate half of the per unit diesel subsidy by the end of this fiscal and the rest over 2013-14. The subsidy on cooking gas should be reduced by 25% this year and completely eliminated over the next two years, it has said. In the case of kerosene, it has said that the objective should be to reduce the subsidy by one-thirds by 2014-15. &lt;br /&gt;
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-The Economic Times

The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.

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-The Economic Times

The government appears to have developed cold feet over implementing Kelkar panel's recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.

The report, which has been..."/>
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                <strong>Kelkar panel&#039;s suggestion on subsidy contrary to policy: Government</strong></h1>
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                <div align="justify">-The Economic Times<br /><br />The government appears to have developed cold feet over implementing Kelkar panel's recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.<br /><br />The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel's recommendations run contrary to the government's larger objectives.<br /><br />&quot;Some recommendations appear contrary to the declared objective of the government of 'sustained and inclusive' growth,&quot; Arvind Mayaram, secretary in the department of economic affairs said, adding, &quot;The government is of the view that in a developing country, where a significant proportion of population is poor, a certain level of subsidies is necessary and unavoidable, and measures must be taken to protect the poor and vulnerable section of the society.&quot;<br /><br />Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. &quot;While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all,&quot; Mayaram added.<br /><br />Kelkar Panel has issued a grim warning on India's fiscal deficitKelkar Panel has issued a grim warning on India's fiscal deficit<br />The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&quot; the committee has said.<br /><br />If no corrective measures are taken, India can face a crisis worse than the one in 1991, the committee has said. It has also cautioned that the deficit for the current fiscal can widen to 6.1% of the GDP against the budgeted 5.1%, but the government does not seem to agree with the grim prognosis.<br /><br />Mayaram said the government is committed to keeping its fiscal deficit target as close to its target even as the fiscal deficit in the first five months of 2012-13 has touched 65.7% of that budgeted for the entire fiscal. The panel has suggested that the government should eliminate half of the per unit diesel subsidy by the end of this fiscal and the rest over 2013-14. The subsidy on cooking gas should be reduced by 25% this year and completely eliminated over the next two years, it has said. In the case of kerosene, it has said that the objective should be to reduce the subsidy by one-thirds by 2014-15. <br /></div>               </font>
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</span></span></code>
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-The Economic Times&lt;br /&gt;
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The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.&lt;br /&gt;
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The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel&#039;s recommendations run contrary to the government&#039;s larger objectives.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. &amp;quot;While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all,&amp;quot; Mayaram added.&lt;br /&gt;
&lt;br /&gt;
Kelkar Panel has issued a grim warning on India&#039;s fiscal deficitKelkar Panel has issued a grim warning on India&#039;s fiscal deficit&lt;br /&gt;
The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &amp;quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&amp;quot; the committee has said.&lt;br /&gt;
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&lt;br /&gt;
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The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.

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The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.&lt;br /&gt;
&lt;br /&gt;
The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel&#039;s recommendations run contrary to the government&#039;s larger objectives.&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
Kelkar Panel has issued a grim warning on India&#039;s fiscal deficitKelkar Panel has issued a grim warning on India&#039;s fiscal deficit&lt;br /&gt;
The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &amp;quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&amp;quot; the committee has said.&lt;br /&gt;
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&lt;br /&gt;
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-The Economic Times

The government appears to have developed cold feet over implementing Kelkar panel's recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.

The report, which has been..."/>
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                <strong>Kelkar panel&#039;s suggestion on subsidy contrary to policy: Government</strong></h1>
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                <div align="justify">-The Economic Times<br /><br />The government appears to have developed cold feet over implementing Kelkar panel's recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.<br /><br />The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel's recommendations run contrary to the government's larger objectives.<br /><br />&quot;Some recommendations appear contrary to the declared objective of the government of 'sustained and inclusive' growth,&quot; Arvind Mayaram, secretary in the department of economic affairs said, adding, &quot;The government is of the view that in a developing country, where a significant proportion of population is poor, a certain level of subsidies is necessary and unavoidable, and measures must be taken to protect the poor and vulnerable section of the society.&quot;<br /><br />Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. &quot;While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all,&quot; Mayaram added.<br /><br />Kelkar Panel has issued a grim warning on India's fiscal deficitKelkar Panel has issued a grim warning on India's fiscal deficit<br />The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&quot; the committee has said.<br /><br />If no corrective measures are taken, India can face a crisis worse than the one in 1991, the committee has said. It has also cautioned that the deficit for the current fiscal can widen to 6.1% of the GDP against the budgeted 5.1%, but the government does not seem to agree with the grim prognosis.<br /><br />Mayaram said the government is committed to keeping its fiscal deficit target as close to its target even as the fiscal deficit in the first five months of 2012-13 has touched 65.7% of that budgeted for the entire fiscal. The panel has suggested that the government should eliminate half of the per unit diesel subsidy by the end of this fiscal and the rest over 2013-14. The subsidy on cooking gas should be reduced by 25% this year and completely eliminated over the next two years, it has said. In the case of kerosene, it has said that the objective should be to reduce the subsidy by one-thirds by 2014-15. <br /></div>               </font>
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-The Economic Times&lt;br /&gt;
&lt;br /&gt;
The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.&lt;br /&gt;
&lt;br /&gt;
The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel&#039;s recommendations run contrary to the government&#039;s larger objectives.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Some recommendations appear contrary to the declared objective of the government of &#039;sustained and inclusive&#039; growth,&amp;quot; Arvind Mayaram, secretary in the department of economic affairs said, adding, &amp;quot;The government is of the view that in a developing country, where a significant proportion of population is poor, a certain level of subsidies is necessary and unavoidable, and measures must be taken to protect the poor and vulnerable section of the society.&amp;quot;&lt;br /&gt;
&lt;br /&gt;
Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. &amp;quot;While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all,&amp;quot; Mayaram added.&lt;br /&gt;
&lt;br /&gt;
Kelkar Panel has issued a grim warning on India&#039;s fiscal deficitKelkar Panel has issued a grim warning on India&#039;s fiscal deficit&lt;br /&gt;
The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &amp;quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&amp;quot; the committee has said.&lt;br /&gt;
&lt;br /&gt;
If no corrective measures are taken, India can face a crisis worse than the one in 1991, the committee has said. It has also cautioned that the deficit for the current fiscal can widen to 6.1% of the GDP against the budgeted 5.1%, but the government does not seem to agree with the grim prognosis.&lt;br /&gt;
&lt;br /&gt;
Mayaram said the government is committed to keeping its fiscal deficit target as close to its target even as the fiscal deficit in the first five months of 2012-13 has touched 65.7% of that budgeted for the entire fiscal. The panel has suggested that the government should eliminate half of the per unit diesel subsidy by the end of this fiscal and the rest over 2013-14. The subsidy on cooking gas should be reduced by 25% this year and completely eliminated over the next two years, it has said. In the case of kerosene, it has said that the objective should be to reduce the subsidy by one-thirds by 2014-15. &lt;br /&gt;
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-The Economic Times

The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.

The report, which has been...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Economic Times&lt;br /&gt;&lt;br /&gt;The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.&lt;br /&gt;&lt;br /&gt;The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel&#039;s recommendations run contrary to the government&#039;s larger objectives.&lt;br /&gt;&lt;br /&gt;&amp;quot;Some recommendations appear contrary to the declared objective of the government of &#039;sustained and inclusive&#039; growth,&amp;quot; Arvind Mayaram, secretary in the department of economic affairs said, adding, &amp;quot;The government is of the view that in a developing country, where a significant proportion of population is poor, a certain level of subsidies is necessary and unavoidable, and measures must be taken to protect the poor and vulnerable section of the society.&amp;quot;&lt;br /&gt;&lt;br /&gt;Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. &amp;quot;While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all,&amp;quot; Mayaram added.&lt;br /&gt;&lt;br /&gt;Kelkar Panel has issued a grim warning on India&#039;s fiscal deficitKelkar Panel has issued a grim warning on India&#039;s fiscal deficit&lt;br /&gt;The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &amp;quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&amp;quot; the committee has said.&lt;br /&gt;&lt;br /&gt;If no corrective measures are taken, India can face a crisis worse than the one in 1991, the committee has said. It has also cautioned that the deficit for the current fiscal can widen to 6.1% of the GDP against the budgeted 5.1%, but the government does not seem to agree with the grim prognosis.&lt;br /&gt;&lt;br /&gt;Mayaram said the government is committed to keeping its fiscal deficit target as close to its target even as the fiscal deficit in the first five months of 2012-13 has touched 65.7% of that budgeted for the entire fiscal. The panel has suggested that the government should eliminate half of the per unit diesel subsidy by the end of this fiscal and the rest over 2013-14. The subsidy on cooking gas should be reduced by 25% this year and completely eliminated over the next two years, it has said. In the case of kerosene, it has said that the objective should be to reduce the subsidy by one-thirds by 2014-15. &lt;br /&gt;&lt;/div&gt;&#039;,
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-The Economic Times&lt;br /&gt;
&lt;br /&gt;
The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.&lt;br /&gt;
&lt;br /&gt;
The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel&#039;s recommendations run contrary to the government&#039;s larger objectives.&lt;br /&gt;
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&amp;quot;Some recommendations appear contrary to the declared objective of the government of &#039;sustained and inclusive&#039; growth,&amp;quot; Arvind Mayaram, secretary in the department of economic affairs said, adding, &amp;quot;The government is of the view that in a developing country, where a significant proportion of population is poor, a certain level of subsidies is necessary and unavoidable, and measures must be taken to protect the poor and vulnerable section of the society.&amp;quot;&lt;br /&gt;
&lt;br /&gt;
Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. &amp;quot;While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all,&amp;quot; Mayaram added.&lt;br /&gt;
&lt;br /&gt;
Kelkar Panel has issued a grim warning on India&#039;s fiscal deficitKelkar Panel has issued a grim warning on India&#039;s fiscal deficit&lt;br /&gt;
The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &amp;quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&amp;quot; the committee has said.&lt;br /&gt;
&lt;br /&gt;
If no corrective measures are taken, India can face a crisis worse than the one in 1991, the committee has said. It has also cautioned that the deficit for the current fiscal can widen to 6.1% of the GDP against the budgeted 5.1%, but the government does not seem to agree with the grim prognosis.&lt;br /&gt;
&lt;br /&gt;
Mayaram said the government is committed to keeping its fiscal deficit target as close to its target even as the fiscal deficit in the first five months of 2012-13 has touched 65.7% of that budgeted for the entire fiscal. The panel has suggested that the government should eliminate half of the per unit diesel subsidy by the end of this fiscal and the rest over 2013-14. The subsidy on cooking gas should be reduced by 25% this year and completely eliminated over the next two years, it has said. In the case of kerosene, it has said that the objective should be to reduce the subsidy by one-thirds by 2014-15. &lt;br /&gt;
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-The Economic Times

The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.

The report, which has been...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-The Economic Times&lt;br /&gt;&lt;br /&gt;The government appears to have developed cold feet over implementing Kelkar panel&#039;s recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.&lt;br /&gt;&lt;br /&gt;The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel&#039;s recommendations run contrary to the government&#039;s larger objectives.&lt;br /&gt;&lt;br /&gt;&amp;quot;Some recommendations appear contrary to the declared objective of the government of &#039;sustained and inclusive&#039; growth,&amp;quot; Arvind Mayaram, secretary in the department of economic affairs said, adding, &amp;quot;The government is of the view that in a developing country, where a significant proportion of population is poor, a certain level of subsidies is necessary and unavoidable, and measures must be taken to protect the poor and vulnerable section of the society.&amp;quot;&lt;br /&gt;&lt;br /&gt;Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. &amp;quot;While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all,&amp;quot; Mayaram added.&lt;br /&gt;&lt;br /&gt;Kelkar Panel has issued a grim warning on India&#039;s fiscal deficitKelkar Panel has issued a grim warning on India&#039;s fiscal deficit&lt;br /&gt;The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &amp;quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&amp;quot; the committee has said.&lt;br /&gt;&lt;br /&gt;If no corrective measures are taken, India can face a crisis worse than the one in 1991, the committee has said. It has also cautioned that the deficit for the current fiscal can widen to 6.1% of the GDP against the budgeted 5.1%, but the government does not seem to agree with the grim prognosis.&lt;br /&gt;&lt;br /&gt;Mayaram said the government is committed to keeping its fiscal deficit target as close to its target even as the fiscal deficit in the first five months of 2012-13 has touched 65.7% of that budgeted for the entire fiscal. The panel has suggested that the government should eliminate half of the per unit diesel subsidy by the end of this fiscal and the rest over 2013-14. The subsidy on cooking gas should be reduced by 25% this year and completely eliminated over the next two years, it has said. In the case of kerosene, it has said that the objective should be to reduce the subsidy by one-thirds by 2014-15. &lt;br /&gt;&lt;/div&gt;&#039;
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-The Economic Times

The government appears to have developed cold feet over implementing Kelkar panel's recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.

The report, which has been..."/>
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                <strong>Kelkar panel&#039;s suggestion on subsidy contrary to policy: Government</strong></h1>
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                <div align="justify">-The Economic Times<br /><br />The government appears to have developed cold feet over implementing Kelkar panel's recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.<br /><br />The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel's recommendations run contrary to the government's larger objectives.<br /><br />&quot;Some recommendations appear contrary to the declared objective of the government of 'sustained and inclusive' growth,&quot; Arvind Mayaram, secretary in the department of economic affairs said, adding, &quot;The government is of the view that in a developing country, where a significant proportion of population is poor, a certain level of subsidies is necessary and unavoidable, and measures must be taken to protect the poor and vulnerable section of the society.&quot;<br /><br />Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. &quot;While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all,&quot; Mayaram added.<br /><br />Kelkar Panel has issued a grim warning on India's fiscal deficitKelkar Panel has issued a grim warning on India's fiscal deficit<br />The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&quot; the committee has said.<br /><br />If no corrective measures are taken, India can face a crisis worse than the one in 1991, the committee has said. It has also cautioned that the deficit for the current fiscal can widen to 6.1% of the GDP against the budgeted 5.1%, but the government does not seem to agree with the grim prognosis.<br /><br />Mayaram said the government is committed to keeping its fiscal deficit target as close to its target even as the fiscal deficit in the first five months of 2012-13 has touched 65.7% of that budgeted for the entire fiscal. The panel has suggested that the government should eliminate half of the per unit diesel subsidy by the end of this fiscal and the rest over 2013-14. The subsidy on cooking gas should be reduced by 25% this year and completely eliminated over the next two years, it has said. In the case of kerosene, it has said that the objective should be to reduce the subsidy by one-thirds by 2014-15. <br /></div>               </font>
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-The Economic Times<br />
<br />
The government appears to have developed cold feet over implementing Kelkar panel's recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.<br />
<br />
The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel's recommendations run contrary to the government's larger objectives.<br />
<br />
&quot;Some recommendations appear contrary to the declared objective of the government of 'sustained and inclusive' growth,&quot; Arvind Mayaram, secretary in the department of economic affairs said, adding, &quot;The government is of the view that in a developing country, where a significant proportion of population is poor, a certain level of subsidies is necessary and unavoidable, and measures must be taken to protect the poor and vulnerable section of the society.&quot;<br />
<br />
Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. &quot;While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all,&quot; Mayaram added.<br />
<br />
Kelkar Panel has issued a grim warning on India's fiscal deficitKelkar Panel has issued a grim warning on India's fiscal deficit<br />
The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&quot; the committee has said.<br />
<br />
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<br />
Mayaram said the government is committed to keeping its fiscal deficit target as close to its target even as the fiscal deficit in the first five months of 2012-13 has touched 65.7% of that budgeted for the entire fiscal. The panel has suggested that the government should eliminate half of the per unit diesel subsidy by the end of this fiscal and the rest over 2013-14. The subsidy on cooking gas should be reduced by 25% this year and completely eliminated over the next two years, it has said. In the case of kerosene, it has said that the objective should be to reduce the subsidy by one-thirds by 2014-15. <br />
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The government appears to have developed cold feet over implementing Kelkar panel's recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.

The report, which has been...',
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-The Economic Times<br />
<br />
The government appears to have developed cold feet over implementing Kelkar panel's recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.<br />
<br />
The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel's recommendations run contrary to the government's larger objectives.<br />
<br />
&quot;Some recommendations appear contrary to the declared objective of the government of 'sustained and inclusive' growth,&quot; Arvind Mayaram, secretary in the department of economic affairs said, adding, &quot;The government is of the view that in a developing country, where a significant proportion of population is poor, a certain level of subsidies is necessary and unavoidable, and measures must be taken to protect the poor and vulnerable section of the society.&quot;<br />
<br />
Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. &quot;While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all,&quot; Mayaram added.<br />
<br />
Kelkar Panel has issued a grim warning on India's fiscal deficitKelkar Panel has issued a grim warning on India's fiscal deficit<br />
The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. &quot;The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner,&quot; the committee has said.<br />
<br />
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<br />
Mayaram said the government is committed to keeping its fiscal deficit target as close to its target even as the fiscal deficit in the first five months of 2012-13 has touched 65.7% of that budgeted for the entire fiscal. The panel has suggested that the government should eliminate half of the per unit diesel subsidy by the end of this fiscal and the rest over 2013-14. The subsidy on cooking gas should be reduced by 25% this year and completely eliminated over the next two years, it has said. In the case of kerosene, it has said that the objective should be to reduce the subsidy by one-thirds by 2014-15. <br />
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-The Economic Times

The government appears to have developed cold feet over implementing Kelkar panel's recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders.

The report, which has been...'
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Kelkar panel's suggestion on subsidy contrary to policy: Government

-The Economic Times The government appears to have developed cold feet over implementing Kelkar panel's recommendations to slash subsidies drastically at a time when it is facing backlash for raising diesel prices and capping subsidised cooking cylinders. The report, which has been put out for public comments, warns that India is on the edge of a fiscal precipice. A senior finance ministry official has said that the report has not been accepted so far and that some of the panel's recommendations run contrary to the government's larger objectives. "Some recommendations appear contrary to the declared objective of the government of 'sustained and inclusive' growth," Arvind Mayaram, secretary in the department of economic affairs said, adding, "The government is of the view that in a developing country, where a significant proportion of population is poor, a certain level of subsidies is necessary and unavoidable, and measures must be taken to protect the poor and vulnerable section of the society." Mayaram said the government is yet to take a call on the report which calls for abolition of subsidy on diesel by next year and on cooking gas by 2014-15, suggestions that the government has indicated will be difficult to accept. "While taking a final view on the various recommendations of the report, the government will bear in mind that the goal is to achieve high growth, inclusive development, and economic and social justice for all," Mayaram added. Kelkar Panel has issued a grim warning on India's fiscal deficitKelkar Panel has issued a grim warning on India's fiscal deficit The committee had submitted its report on September 3, before the government unleashed the recent reforms that sparked a stock market rally and led to appreciation of the rupee. "The Indian economy is presently poised on the edge of a fiscal precipice, making corrective measures aimed at speedy fiscal consolidation an imperative necessity if serious adverse consequences stemming from this situation are to be averted in an efficient and timely manner," the committee has said. If no corrective measures are taken, India can face a crisis worse than the one in 1991, the committee has said. It has also cautioned that the deficit for the current fiscal can widen to 6.1% of the GDP against the budgeted 5.1%, but the government does not seem to agree with the grim prognosis. Mayaram said the government is committed to keeping its fiscal deficit target as close to its target even as the fiscal deficit in the first five months of 2012-13 has touched 65.7% of that budgeted for the entire fiscal. The panel has suggested that the government should eliminate half of the per unit diesel subsidy by the end of this fiscal and the rest over 2013-14. The subsidy on cooking gas should be reduced by 25% this year and completely eliminated over the next two years, it has said. In the case of kerosene, it has said that the objective should be to reduce the subsidy by one-thirds by 2014-15.