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
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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\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 | PIL challenges petrol price de-regulation    </title>
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-The Hindu


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&ldquo;Allowing oil firms to control market will hurt economy&rdquo;


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De-regulation by which the three public sector oil companies are empowered to set the price of petrol and other petroleum products has been challenged in a public interest litigation petition in..."/>
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-The Hindu


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&ldquo;Allowing oil firms to control market will hurt economy&rdquo;


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De-regulation by which the three public sector oil companies are empowered to set the price of petrol and other petroleum products has been challenged in a public interest litigation petition in..." />
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                            <div style="text-align: justify">-The Hindu</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>&ldquo;Allowing oil firms to control market will hurt economy&rdquo;</em></div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">De-regulation by which the three public sector oil companies are empowered to set the price of petrol and other petroleum products has been challenged in a public interest litigation petition in the Supreme Court.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The All India Youth Federation (AIYF), represented by its general secretary P. Sandoshkumar, said there was no rationale behind replacing the Administered Pricing Mechanism (APM) with the Import Parity Pricing (IPP) System to reduce under-recoveries, the calculation of which was also neither systematic nor scientific.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The AIYF said the oil marketing companies (OMCs) benefited by this system but the ordinary citizens were looted, the petition said. The oil industry contributed 6.7 per cent of the gross domestic product (GDP) of India and it was being controlled mainly by Indian Oil, Hindustan Petroleum and Bharat Petroleum.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>&lsquo;Contradictory'</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;Such companies shall not be allowed to control the market which will adversely affect the entire economy.&rdquo; It was contradictory to say the companies were making losses while they were disbursing dividend to the government.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government could regulate the prices effectively and thereby avoid any further burden on the ordinary people.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>Worsening pollution</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Another impact of deregulation was that people were switching to diesel vehicles to avoid the higher cost of petrol driven vehicles, and thus adding to pollution. Conceivably, the state-owned companies with a nod and a wink from the government could now set the price of oil products in such a way as to shut out private competitors. India was not mature enough to allow the marketing firms to set the price as their own since any change in the price of the oil market would affect the economy, the petition said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The AIYF pointed out that the cost of petrol in India, at Rs. 67.71 a litre, was the highest in the world.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In China, it was Rs. 47.50, in the U.S. Rs. 43.70, in Pakistan Rs. 43.29, in Russia Rs. 41.96 and in Malaysia Rs. 26.78.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On the contrary, the per capita GDP is: India $3,608.196; China $8,288.818; U.S. $48,665.805; Pakistan $2,851.056; Russia $16,840.802 and Malaysia $15,384.563.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;An oil budget like the Railway budget is necessary and it shall be presented by the government in Parliament to end the anarchism in the field.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The petitioner sought a direction to the Centre to restore the APM, and another direction the Centre and the States to rationalise taxation of petroleum products.</div><div style="text-align: justify"><br /></div>                                                           
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    <br><a href="http://www.thehindu.com/todays-paper/tp-national/article2569041.ece" class="re" target="_blank">The Hindu, 25 October, 2011, http://www.thehindu.com/todays-paper/tp-national/article2569041.ece</a><div class="clear"></div>
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&ldquo;Allowing oil firms to control market will hurt economy&rdquo;


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    <h1 class="cat-box-title">PIL challenges petrol price de-regulation</h1>
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                            <div style="text-align: justify">-The Hindu</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>&ldquo;Allowing oil firms to control market will hurt economy&rdquo;</em></div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">De-regulation by which the three public sector oil companies are empowered to set the price of petrol and other petroleum products has been challenged in a public interest litigation petition in the Supreme Court.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The All India Youth Federation (AIYF), represented by its general secretary P. Sandoshkumar, said there was no rationale behind replacing the Administered Pricing Mechanism (APM) with the Import Parity Pricing (IPP) System to reduce under-recoveries, the calculation of which was also neither systematic nor scientific.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The AIYF said the oil marketing companies (OMCs) benefited by this system but the ordinary citizens were looted, the petition said. The oil industry contributed 6.7 per cent of the gross domestic product (GDP) of India and it was being controlled mainly by Indian Oil, Hindustan Petroleum and Bharat Petroleum.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>&lsquo;Contradictory'</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;Such companies shall not be allowed to control the market which will adversely affect the entire economy.&rdquo; It was contradictory to say the companies were making losses while they were disbursing dividend to the government.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government could regulate the prices effectively and thereby avoid any further burden on the ordinary people.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>Worsening pollution</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Another impact of deregulation was that people were switching to diesel vehicles to avoid the higher cost of petrol driven vehicles, and thus adding to pollution. Conceivably, the state-owned companies with a nod and a wink from the government could now set the price of oil products in such a way as to shut out private competitors. India was not mature enough to allow the marketing firms to set the price as their own since any change in the price of the oil market would affect the economy, the petition said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The AIYF pointed out that the cost of petrol in India, at Rs. 67.71 a litre, was the highest in the world.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In China, it was Rs. 47.50, in the U.S. Rs. 43.70, in Pakistan Rs. 43.29, in Russia Rs. 41.96 and in Malaysia Rs. 26.78.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On the contrary, the per capita GDP is: India $3,608.196; China $8,288.818; U.S. $48,665.805; Pakistan $2,851.056; Russia $16,840.802 and Malaysia $15,384.563.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;An oil budget like the Railway budget is necessary and it shall be presented by the government in Parliament to end the anarchism in the field.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The petitioner sought a direction to the Centre to restore the APM, and another direction the Centre and the States to rationalise taxation of petroleum products.</div><div style="text-align: justify"><br /></div>                                                           
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    <br><a href="http://www.thehindu.com/todays-paper/tp-national/article2569041.ece" class="re" target="_blank">The Hindu, 25 October, 2011, http://www.thehindu.com/todays-paper/tp-national/article2569041.ece</a><div class="clear"></div>
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        LATEST NEWS UPDATES | PIL challenges petrol price de-regulation    </title>
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-The Hindu


&nbsp;


&ldquo;Allowing oil firms to control market will hurt economy&rdquo;


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De-regulation by which the three public sector oil companies are empowered to set the price of petrol and other petroleum products has been challenged in a public interest litigation petition in..."/>
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-The Hindu


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&ldquo;Allowing oil firms to control market will hurt economy&rdquo;


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    <h1 class="cat-box-title">PIL challenges petrol price de-regulation</h1>
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                            <div style="text-align: justify">-The Hindu</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>&ldquo;Allowing oil firms to control market will hurt economy&rdquo;</em></div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">De-regulation by which the three public sector oil companies are empowered to set the price of petrol and other petroleum products has been challenged in a public interest litigation petition in the Supreme Court.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The All India Youth Federation (AIYF), represented by its general secretary P. Sandoshkumar, said there was no rationale behind replacing the Administered Pricing Mechanism (APM) with the Import Parity Pricing (IPP) System to reduce under-recoveries, the calculation of which was also neither systematic nor scientific.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The AIYF said the oil marketing companies (OMCs) benefited by this system but the ordinary citizens were looted, the petition said. The oil industry contributed 6.7 per cent of the gross domestic product (GDP) of India and it was being controlled mainly by Indian Oil, Hindustan Petroleum and Bharat Petroleum.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>&lsquo;Contradictory'</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;Such companies shall not be allowed to control the market which will adversely affect the entire economy.&rdquo; It was contradictory to say the companies were making losses while they were disbursing dividend to the government.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government could regulate the prices effectively and thereby avoid any further burden on the ordinary people.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>Worsening pollution</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Another impact of deregulation was that people were switching to diesel vehicles to avoid the higher cost of petrol driven vehicles, and thus adding to pollution. Conceivably, the state-owned companies with a nod and a wink from the government could now set the price of oil products in such a way as to shut out private competitors. India was not mature enough to allow the marketing firms to set the price as their own since any change in the price of the oil market would affect the economy, the petition said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The AIYF pointed out that the cost of petrol in India, at Rs. 67.71 a litre, was the highest in the world.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In China, it was Rs. 47.50, in the U.S. Rs. 43.70, in Pakistan Rs. 43.29, in Russia Rs. 41.96 and in Malaysia Rs. 26.78.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On the contrary, the per capita GDP is: India $3,608.196; China $8,288.818; U.S. $48,665.805; Pakistan $2,851.056; Russia $16,840.802 and Malaysia $15,384.563.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;An oil budget like the Railway budget is necessary and it shall be presented by the government in Parliament to end the anarchism in the field.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The petitioner sought a direction to the Centre to restore the APM, and another direction the Centre and the States to rationalise taxation of petroleum products.</div><div style="text-align: justify"><br /></div>                                                           
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    <br><a href="http://www.thehindu.com/todays-paper/tp-national/article2569041.ece" class="re" target="_blank">The Hindu, 25 October, 2011, http://www.thehindu.com/todays-paper/tp-national/article2569041.ece</a><div class="clear"></div>
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Home हिन्दी

PIL challenges petrol price de-regulation

Published on Oct 24, 2011   Modified on Oct 24, 2011

-The Hindu   “Allowing oil firms to control market will hurt economy”   De-regulation by which the three public sector oil companies are empowered to set the price of petrol and other petroleum products has been challenged in a public interest litigation petition in the Supreme Court. The All India Youth Federation (AIYF), represented by its general secretary P. Sandoshkumar, said there was no rationale behind replacing the Administered Pricing Mechanism (APM) with the Import Parity Pricing (IPP) System to reduce under-recoveries, the calculation of which was also neither systematic nor scientific. The AIYF said the oil marketing companies (OMCs) benefited by this system but the ordinary citizens were looted, the petition said. The oil industry contributed 6.7 per cent of the gross domestic product (GDP) of India and it was being controlled mainly by Indian Oil, Hindustan Petroleum and Bharat Petroleum. ‘Contradictory' “Such companies shall not be allowed to control the market which will adversely affect the entire economy.” It was contradictory to say the companies were making losses while they were disbursing dividend to the government.” The government could regulate the prices effectively and thereby avoid any further burden on the ordinary people. Worsening pollution Another impact of deregulation was that people were switching to diesel vehicles to avoid the higher cost of petrol driven vehicles, and thus adding to pollution. Conceivably, the state-owned companies with a nod and a wink from the government could now set the price of oil products in such a way as to shut out private competitors. India was not mature enough to allow the marketing firms to set the price as their own since any change in the price of the oil market would affect the economy, the petition said. The AIYF pointed out that the cost of petrol in India, at Rs. 67.71 a litre, was the highest in the world. In China, it was Rs. 47.50, in the U.S. Rs. 43.70, in Pakistan Rs. 43.29, in Russia Rs. 41.96 and in Malaysia Rs. 26.78. On the contrary, the per capita GDP is: India $3,608.196; China $8,288.818; U.S. $48,665.805; Pakistan $2,851.056; Russia $16,840.802 and Malaysia $15,384.563. “An oil budget like the Railway budget is necessary and it shall be presented by the government in Parliament to end the anarchism in the field.” The petitioner sought a direction to the Centre to restore the APM, and another direction the Centre and the States to rationalise taxation of petroleum products.

The Hindu, 25 October, 2011, http://www.thehindu.com/todays-paper/tp-national/article2569041.ece

Tagged with: Inflation Law and Justice

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