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
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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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
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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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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f159cf8c581-trace').style.display = (document.getElementById('cakeErr67f159cf8c581-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f159cf8c581-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f159cf8c581-code').style.display = (document.getElementById('cakeErr67f159cf8c581-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f159cf8c581-context').style.display = (document.getElementById('cakeErr67f159cf8c581-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f159cf8c581-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
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</span></span></code></pre><pre id="cakeErr67f159cf8c581-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
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		&#039;title&#039; =&gt; &#039;Slash subsidy, raise prices of diesel and LPG: Economic Survey&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-PTI&lt;br /&gt;
&lt;br /&gt;
Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.&lt;br /&gt;
&lt;br /&gt;
While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &amp;quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&amp;quot; as the economy is looking up.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&amp;quot; the Survey said.&lt;br /&gt;
&lt;br /&gt;
It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.&lt;br /&gt;
&lt;br /&gt;
Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.&lt;br /&gt;
&lt;br /&gt;
The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.&lt;br /&gt;
&lt;br /&gt;
It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.&lt;br /&gt;
&lt;br /&gt;
Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.&lt;br /&gt;
&lt;br /&gt;
The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).&lt;br /&gt;
&lt;br /&gt;
The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;amp;K) fertilisers.&lt;br /&gt;
&lt;br /&gt;
The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).&lt;br /&gt;
&lt;br /&gt;
&amp;quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&amp;quot; it added.&lt;br /&gt;
&lt;br /&gt;
It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Times of India, 27 February, 2013, http://timesofindia.indiatimes.com/business/budget-2013/economic-survey/Slash-subsidy-raise-prices-of-diesel-and-LPG-Economic-Survey/articleshow/18710266.cms?&#039;,
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-PTI

Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.

While pegging the GDP growth...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-PTI&lt;br /&gt;&lt;br /&gt;Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.&lt;br /&gt;&lt;br /&gt;While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &amp;quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&amp;quot; as the economy is looking up.&lt;br /&gt;&lt;br /&gt;&amp;quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&amp;quot; the Survey said.&lt;br /&gt;&lt;br /&gt;It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.&lt;br /&gt;&lt;br /&gt;Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.&lt;br /&gt;&lt;br /&gt;The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.&lt;br /&gt;&lt;br /&gt;It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.&lt;br /&gt;&lt;br /&gt;Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.&lt;br /&gt;&lt;br /&gt;The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).&lt;br /&gt;&lt;br /&gt;The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;amp;K) fertilisers.&lt;br /&gt;&lt;br /&gt;The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).&lt;br /&gt;&lt;br /&gt;&amp;quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&amp;quot; it added.&lt;br /&gt;&lt;br /&gt;It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.&lt;/div&gt;&#039;,
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-PTI&lt;br /&gt;
&lt;br /&gt;
Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.&lt;br /&gt;
&lt;br /&gt;
While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &amp;quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&amp;quot; as the economy is looking up.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&amp;quot; the Survey said.&lt;br /&gt;
&lt;br /&gt;
It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.&lt;br /&gt;
&lt;br /&gt;
Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.&lt;br /&gt;
&lt;br /&gt;
The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.&lt;br /&gt;
&lt;br /&gt;
It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.&lt;br /&gt;
&lt;br /&gt;
Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.&lt;br /&gt;
&lt;br /&gt;
The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).&lt;br /&gt;
&lt;br /&gt;
The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;amp;K) fertilisers.&lt;br /&gt;
&lt;br /&gt;
The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).&lt;br /&gt;
&lt;br /&gt;
&amp;quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&amp;quot; it added.&lt;br /&gt;
&lt;br /&gt;
It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Times of India, 27 February, 2013, http://timesofindia.indiatimes.com/business/budget-2013/economic-survey/Slash-subsidy-raise-prices-of-diesel-and-LPG-Economic-Survey/articleshow/18710266.cms?&#039;,
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-PTI

Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.

While pegging the GDP growth...&#039;
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Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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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
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Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/slash-subsidy-raise-prices-of-diesel-and-lpg-economic-survey-19637.html"/>
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-PTI

Claiming that the &quot;downturn is more or less over&quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.

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                <strong>Slash subsidy, raise prices of diesel and LPG: Economic Survey</strong></h1>
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                <div align="justify">-PTI<br /><br />Claiming that the &quot;downturn is more or less over&quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.<br /><br />While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&quot; as the economy is looking up.<br /><br />&quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&quot; the Survey said.<br /><br />It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.<br /><br />Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.<br /><br />The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.<br /><br />It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.<br /><br />Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.<br /><br />The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).<br /><br />The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;K) fertilisers.<br /><br />The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).<br /><br />&quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&quot; it added.<br /><br />It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.</div>               </font>
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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f159cf8c581-trace').style.display = (document.getElementById('cakeErr67f159cf8c581-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f159cf8c581-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f159cf8c581-code').style.display = (document.getElementById('cakeErr67f159cf8c581-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f159cf8c581-context').style.display = (document.getElementById('cakeErr67f159cf8c581-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f159cf8c581-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-PTI&lt;br /&gt;
&lt;br /&gt;
Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.&lt;br /&gt;
&lt;br /&gt;
While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &amp;quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&amp;quot; as the economy is looking up.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&amp;quot; the Survey said.&lt;br /&gt;
&lt;br /&gt;
It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.&lt;br /&gt;
&lt;br /&gt;
Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.&lt;br /&gt;
&lt;br /&gt;
The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.&lt;br /&gt;
&lt;br /&gt;
It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.&lt;br /&gt;
&lt;br /&gt;
Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.&lt;br /&gt;
&lt;br /&gt;
The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).&lt;br /&gt;
&lt;br /&gt;
The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;amp;K) fertilisers.&lt;br /&gt;
&lt;br /&gt;
The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).&lt;br /&gt;
&lt;br /&gt;
&amp;quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&amp;quot; it added.&lt;br /&gt;
&lt;br /&gt;
It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Times of India, 27 February, 2013, http://timesofindia.indiatimes.com/business/budget-2013/economic-survey/Slash-subsidy-raise-prices-of-diesel-and-LPG-Economic-Survey/articleshow/18710266.cms?&#039;,
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-PTI

Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.

While pegging the GDP growth...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-PTI&lt;br /&gt;&lt;br /&gt;Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.&lt;br /&gt;&lt;br /&gt;While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &amp;quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&amp;quot; as the economy is looking up.&lt;br /&gt;&lt;br /&gt;&amp;quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&amp;quot; the Survey said.&lt;br /&gt;&lt;br /&gt;It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.&lt;br /&gt;&lt;br /&gt;Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.&lt;br /&gt;&lt;br /&gt;The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.&lt;br /&gt;&lt;br /&gt;It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.&lt;br /&gt;&lt;br /&gt;Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.&lt;br /&gt;&lt;br /&gt;The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).&lt;br /&gt;&lt;br /&gt;The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;amp;K) fertilisers.&lt;br /&gt;&lt;br /&gt;The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).&lt;br /&gt;&lt;br /&gt;&amp;quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&amp;quot; it added.&lt;br /&gt;&lt;br /&gt;It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.&lt;/div&gt;&#039;,
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-PTI&lt;br /&gt;
&lt;br /&gt;
Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.&lt;br /&gt;
&lt;br /&gt;
While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &amp;quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&amp;quot; as the economy is looking up.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&amp;quot; the Survey said.&lt;br /&gt;
&lt;br /&gt;
It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.&lt;br /&gt;
&lt;br /&gt;
Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.&lt;br /&gt;
&lt;br /&gt;
The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.&lt;br /&gt;
&lt;br /&gt;
It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.&lt;br /&gt;
&lt;br /&gt;
Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.&lt;br /&gt;
&lt;br /&gt;
The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).&lt;br /&gt;
&lt;br /&gt;
The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;amp;K) fertilisers.&lt;br /&gt;
&lt;br /&gt;
The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).&lt;br /&gt;
&lt;br /&gt;
&amp;quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&amp;quot; it added.&lt;br /&gt;
&lt;br /&gt;
It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Times of India, 27 February, 2013, http://timesofindia.indiatimes.com/business/budget-2013/economic-survey/Slash-subsidy-raise-prices-of-diesel-and-LPG-Economic-Survey/articleshow/18710266.cms?&#039;,
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-PTI

Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.

While pegging the GDP growth...&#039;
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-PTI

Claiming that the &quot;downturn is more or less over&quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.

While pegging the GDP growth..."/>
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                <strong>Slash subsidy, raise prices of diesel and LPG: Economic Survey</strong></h1>
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                <div align="justify">-PTI<br /><br />Claiming that the &quot;downturn is more or less over&quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.<br /><br />While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&quot; as the economy is looking up.<br /><br />&quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&quot; the Survey said.<br /><br />It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.<br /><br />Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.<br /><br />The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.<br /><br />It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.<br /><br />Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.<br /><br />The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).<br /><br />The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;K) fertilisers.<br /><br />The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).<br /><br />&quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&quot; it added.<br /><br />It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.</div>               </font>
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-PTI&lt;br /&gt;
&lt;br /&gt;
Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.&lt;br /&gt;
&lt;br /&gt;
While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &amp;quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&amp;quot; as the economy is looking up.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&amp;quot; the Survey said.&lt;br /&gt;
&lt;br /&gt;
It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.&lt;br /&gt;
&lt;br /&gt;
Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.&lt;br /&gt;
&lt;br /&gt;
The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.&lt;br /&gt;
&lt;br /&gt;
It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.&lt;br /&gt;
&lt;br /&gt;
Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.&lt;br /&gt;
&lt;br /&gt;
The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).&lt;br /&gt;
&lt;br /&gt;
The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;amp;K) fertilisers.&lt;br /&gt;
&lt;br /&gt;
The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).&lt;br /&gt;
&lt;br /&gt;
&amp;quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&amp;quot; it added.&lt;br /&gt;
&lt;br /&gt;
It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Times of India, 27 February, 2013, http://timesofindia.indiatimes.com/business/budget-2013/economic-survey/Slash-subsidy-raise-prices-of-diesel-and-LPG-Economic-Survey/articleshow/18710266.cms?&#039;,
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-PTI

Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.

While pegging the GDP growth...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-PTI&lt;br /&gt;&lt;br /&gt;Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.&lt;br /&gt;&lt;br /&gt;While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &amp;quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&amp;quot; as the economy is looking up.&lt;br /&gt;&lt;br /&gt;&amp;quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&amp;quot; the Survey said.&lt;br /&gt;&lt;br /&gt;It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.&lt;br /&gt;&lt;br /&gt;Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.&lt;br /&gt;&lt;br /&gt;The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.&lt;br /&gt;&lt;br /&gt;It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.&lt;br /&gt;&lt;br /&gt;Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.&lt;br /&gt;&lt;br /&gt;The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).&lt;br /&gt;&lt;br /&gt;The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;amp;K) fertilisers.&lt;br /&gt;&lt;br /&gt;The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).&lt;br /&gt;&lt;br /&gt;&amp;quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&amp;quot; it added.&lt;br /&gt;&lt;br /&gt;It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.&lt;/div&gt;&#039;,
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-PTI&lt;br /&gt;
&lt;br /&gt;
Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.&lt;br /&gt;
&lt;br /&gt;
While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &amp;quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&amp;quot; as the economy is looking up.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&amp;quot; the Survey said.&lt;br /&gt;
&lt;br /&gt;
It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.&lt;br /&gt;
&lt;br /&gt;
Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.&lt;br /&gt;
&lt;br /&gt;
The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.&lt;br /&gt;
&lt;br /&gt;
It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.&lt;br /&gt;
&lt;br /&gt;
Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.&lt;br /&gt;
&lt;br /&gt;
The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).&lt;br /&gt;
&lt;br /&gt;
The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;amp;K) fertilisers.&lt;br /&gt;
&lt;br /&gt;
The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).&lt;br /&gt;
&lt;br /&gt;
&amp;quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&amp;quot; it added.&lt;br /&gt;
&lt;br /&gt;
It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Times of India, 27 February, 2013, http://timesofindia.indiatimes.com/business/budget-2013/economic-survey/Slash-subsidy-raise-prices-of-diesel-and-LPG-Economic-Survey/articleshow/18710266.cms?&#039;,
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-PTI

Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.

While pegging the GDP growth...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-PTI&lt;br /&gt;&lt;br /&gt;Claiming that the &amp;quot;downturn is more or less over&amp;quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.&lt;br /&gt;&lt;br /&gt;While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &amp;quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&amp;quot; as the economy is looking up.&lt;br /&gt;&lt;br /&gt;&amp;quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&amp;quot; the Survey said.&lt;br /&gt;&lt;br /&gt;It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.&lt;br /&gt;&lt;br /&gt;Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.&lt;br /&gt;&lt;br /&gt;The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.&lt;br /&gt;&lt;br /&gt;It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.&lt;br /&gt;&lt;br /&gt;Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.&lt;br /&gt;&lt;br /&gt;The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).&lt;br /&gt;&lt;br /&gt;The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;amp;K) fertilisers.&lt;br /&gt;&lt;br /&gt;The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).&lt;br /&gt;&lt;br /&gt;&amp;quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&amp;quot; it added.&lt;br /&gt;&lt;br /&gt;It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.&lt;/div&gt;&#039;
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-PTI

Claiming that the &quot;downturn is more or less over&quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.

While pegging the GDP growth..."/>
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                <strong>Slash subsidy, raise prices of diesel and LPG: Economic Survey</strong></h1>
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                <div align="justify">-PTI<br /><br />Claiming that the &quot;downturn is more or less over&quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.<br /><br />While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&quot; as the economy is looking up.<br /><br />&quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&quot; the Survey said.<br /><br />It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.<br /><br />Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.<br /><br />The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.<br /><br />It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.<br /><br />Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.<br /><br />The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).<br /><br />The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;K) fertilisers.<br /><br />The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).<br /><br />&quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&quot; it added.<br /><br />It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.</div>               </font>
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-PTI<br />
<br />
Claiming that the &quot;downturn is more or less over&quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.<br />
<br />
While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&quot; as the economy is looking up.<br />
<br />
&quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&quot; the Survey said.<br />
<br />
It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.<br />
<br />
Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.<br />
<br />
The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.<br />
<br />
It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.<br />
<br />
Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.<br />
<br />
The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).<br />
<br />
The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;K) fertilisers.<br />
<br />
The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).<br />
<br />
&quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&quot; it added.<br />
<br />
It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.
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-PTI

Claiming that the &quot;downturn is more or less over&quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.

While pegging the GDP growth...',
	'disp' => '<div align="justify">-PTI<br /><br />Claiming that the &quot;downturn is more or less over&quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.<br /><br />While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&quot; as the economy is looking up.<br /><br />&quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&quot; the Survey said.<br /><br />It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.<br /><br />Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.<br /><br />The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.<br /><br />It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.<br /><br />Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.<br /><br />The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).<br /><br />The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;K) fertilisers.<br /><br />The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).<br /><br />&quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&quot; it added.<br /><br />It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.</div>',
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-PTI<br />
<br />
Claiming that the &quot;downturn is more or less over&quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.<br />
<br />
While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&quot; as the economy is looking up.<br />
<br />
&quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&quot; the Survey said.<br />
<br />
It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.<br />
<br />
Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.<br />
<br />
The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.<br />
<br />
It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.<br />
<br />
Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.<br />
<br />
The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).<br />
<br />
The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;K) fertilisers.<br />
<br />
The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).<br />
<br />
&quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&quot; it added.<br />
<br />
It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.
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-PTI

Claiming that the &quot;downturn is more or less over&quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.

While pegging the GDP growth...'
$disp = '<div align="justify">-PTI<br /><br />Claiming that the &quot;downturn is more or less over&quot;, the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises.<br /><br />While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said &quot;...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14&quot; as the economy is looking up.<br /><br />&quot;Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market,&quot; the Survey said.<br /><br />It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household.<br /><br />Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012.<br /><br />The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme.<br /><br />It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition.<br /><br />Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13.<br /><br />The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser).<br /><br />The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&amp;K) fertilisers.<br /><br />The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS).<br /><br />&quot;In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country,&quot; it added.<br /><br />It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.</div>'
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Slash subsidy, raise prices of diesel and LPG: Economic Survey

-PTI Claiming that the "downturn is more or less over", the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises. While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said "...the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in 2013-14" as the economy is looking up. "Controlling the expenditure on subsidies will be crucial. The domestic prices of petroleum products, particularly diesel and LPG need to be raised in line with their prices prevailing in the international market," the Survey said. It noted that a beginning has already been made with the decision in September last to raise the price of diesel and again in January to allow oil marketing companies to increase prices in small increments at regular intervals. The number of subsidised gas cylinders has also been capped at 9 per household. Predicting that the headline inflation will decline to between 6.2 and 6.6 per cent by next month, the Survey said that elevated food inflation would continue to remain an area of concern as it inched towards double digit in December 2012. The Survey emphasised that efforts will have to be made to contain subsidies through better targeting and for reducing leakages involved in their delivery. One such initiative is direct benefit transfer (DBT) scheme. It said the government has been calibrating pricing policies to addressing the issue of burgeoning fertiliser subsidy and underlined the need for according priority to food subsidy in view of the under consumption of basic food by the poor and the extant of malnutrition. Under-recoveries of oil marketing companies (OMCs) were estimated at Rs 1.24 lakh crore in April-December of 2012-13. The Survey said high level of global crude oil prices also has a bearing on fertiliser subsidy as as there is inadequate pass-through in urea prices (a major domestic fertiliser). The government has been calibrating pricing policies to address the issue of burgeoning fertiliser subsidies, like fixing the per tonne subsidy on key non-nitrogenous phosphatic and potassic (P&K) fertilisers. The survey said food subsidy has been growing at an average annual rate of 25.4 per cent in the last five years, of which the bulk is accounted by the targeted public distribution system (TPDS). "In terms of the merits of subsidisation, priority needs to be accorded to food subsidy in view of the under consumption of basic food by the poor and the extent of malnutrition in the country," it added. It stressed the need for better targeting of subsidies and for reducing leakages involved in their delivery and the direct cash transfer is one such initiative.