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Key reform moves on the back burner -Puja Mehra

-The Hindu Measures on urea, LPG, kerosene to go The Modi government is putting on hold its plans for some key economic reforms Union Finance Minister Arun Jaitley had announced in his maiden Budget last July. These include decontrol of urea prices, fewer subsidised cylinders a year and withdrawal of kerosene from the public distribution system (PDS). Fertilizer Minister Ananth Kumar told The Hindu that the administered price controls for urea would stay. "We...

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A fuel’s errand -Santosh Mehrotra

-The Indian Express The finance minister plans to scrap the supply of subsidised kerosene through the public distribution system (PDS) and high time, too. To begin with, why has the kerosene subsidy needed reform for decades and yet reform never materialised? Kerosene obtained through the PDS, being cheaper, is used to adulterate diesel and petrol. Kerosene leakages in the PDS are estimated to be 40 per cent of total allocations. The diversion...

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Plans to supply jowar, ragi under PDS: Minister

-Deccan Herald Hassan: Food and Civil Supplies Minister Dinesh Gundu Rao said the department was chalking out various plans like supplying ragi and jowar to the ration card holders, which would be finalised soon. Addressing media persons after inspecting the maize procurement centre and the godowns at the Agriculture Produce Marketing Committee yard during his visit to Hassan, on Tuesday, he said that the department had been purchasing ragi, providing support...

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Govt. LPG subsidy capped at Rs. 20 a kg -Puja Mehra

-The Hindu The Union government has also decided to resume providing subsidy on cooking gas through direct cash transfers straight into consumers' bank accounts. The Modi government has frozen the budget subsidy for cooking gas at Rs. 20 a kg. This will not mean any increase in price for the consumer right away. However, if international prices were to rise, as they normally do in winter, then the government will be faced with...

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Now, Centre to cap subsidy on cooking gas -Jyoti Mukul & Sudheer Pal Singh

-The Business Standard So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy Taking the next step in liquefied petroleum gas (LPG) pricing reforms, the National Democratic Alliance (NDA) government has decided to cap the subsidy on domestic gas cylinders. So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy. Union Petroleum Minister Dharmendra Pradhan told Business Standard a...

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