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Stemming the tide of agrarian distress -Seema Bathla & Ravi Kiran

-The Hindu Rather than just increased budgetary outlays, farmers need plans that will rescue them from crop failure Similar to the last two Budgets, this year’s pro-agriculture intentions are palpable through increased outlays to the agricultural sector and initiation of various programmes. They seem impressive, but closer scrutiny shows that the measures may be of little help to stem the tide of agrarian distress. There are some real challenges confronting three...

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Union Budget 2018-19: An exercise in jugglery of numbers, say civil society groups

-Press Release by National Alliance of People's Movements (NAPM) New Delhi: Calling this year’s union budget ‘just an exercise in manipulation of numbers,’ veteran activist Medha Patkar asked, “When the major decisions like the demonetisation and GST are taken between two budgets then what’s the relevance of the Budget?,” at a panel discussion on the analysis of this year’s union budget with a special focus on Handloom, Fisheries, Dalits, Adivasis, Forest,...

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Congress puts govt on mat for refusal to cut fuel tax as prices soar -Sanjay Dutta

-The Times of India NEW DELHI: At a time when fuel prices are shooting through the roof due to increasing global oil prices, the Congress on Thursday put the government on the mat for not providing relief by passing on the benefit of money it has mopped up by raising excise duty on petrol and diesel. Raising the issue of increasing pump prices in Parliament, the leader of the Congress in the...

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Nervous over rising crude, government ends monthly LPG price hike -Sanjay Dutta

-The Times of India NEW DELHI: In a clear indication of the nervousness over rising oil prices evoking popular anger, the government has asked state-run fuel retailers to stop raising the price of subsidised cooking gas cylinders by Rs 4 a month. The order was issued in October, around the same time the government cut excise duty on petrol and diesel by Rs 2 per litre to stave off rising consumer anger...

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Jet fuel price hiked by 6%; LPG costlier by Rs 1.50 a cylinder

-PTI NEW DELHI: Jet fuel or ATF price was on Sunday hiked by a steep 6 per cent on firming international rates, the third straight increase in rates since August. Aviation turbine fuel (ATF) will now cost Rs 53,045 per kilolitre (kl) in Delhi, Rs 3,025 per kl more than Rs 50,020 previously, according to a price hike notification by Indian Oil Corp, the nation's biggest fuel retailer. This is the third consecutive...

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