-The Hindu Centre for Politics and Public Policy As Prime Minister Narendra Modi completes four years in office this month, it is becoming increasingly clear that his government has fallen short on the promises made during the 2014 election campaign. The economy has performed below expectations, and some of the economic metrics today are weaker than what the country witnessed in the last years – labelled the ‘policy paralysis’ phase –...
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Govt favours long-term solution on fuel prices -Prashant K Nanda and Utpal Bhaskar
-Livemint.com The issue of frequent hikes in fuel prices is a matter of debate and concern, law and justice minister Ravi Shankar Prasad said after a Union cabinet meeting New Delhi: The National Democratic Alliance (NDA) government on Wednesday signalled its intent to stay the course on fuel pricing reforms and said that it was working toward a “long-term solution”. This comes against the backdrop of an international crude oil price rally, with...
More »Petrol and Diesel prices to be slashed, oil companies to share burden -P Suchetana Ray
-Hindustan Times In the last few days, fuel prices have touched record highs, with petrol costing Rs 76.87 per litre in Delhi and diesel Rs 68.08 a litre. In the last nine days, the price of petrol has risen by Rs 2.24 and diesel by Rs 2.15. New Delhi: Fuel prices are likely to be slashed by Rs 2 to Rs 4 in the next few days and a decision will...
More »Poll fetters off, oil in daily dash
-The Telegraph/ PTI New Delhi: Petrol prices have touched a record high of Rs 76.24 per litre and diesel climbed to a highest ever Rs 67.57 in New Delhi with the oil PSUs passing on to consumers the impact of four weeks of a relentless rise in international prices. The price of petrol rose by 33 paise a litre in Delhi, the highest since the daily price revisions came into force in...
More »Duty may be cut to cool fuel prices
-The Times of India NEW DELHI: Oil minister Dharmendra Pradhan on Sunday raised hopes of the government cutting excise duty to soften the impact of oil prices as petrol and Diesel prices hit historic highs on Sunday with state-run fuel retailers racing to catch up with current market rates after freezing pump prices for 19 days ahead of the Karnataka election. "The Centre is sensitive towards the rising fuel prices. Various alternatives...
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