-The Hindu Irrespective of Fuel costs, investing in a robust public transport system alone can save the day Whenever news about a fall in oil prices hits the headline, the first to cheer are car users. "I can save up to Rs. 2,700 every month now. That means I can put this money to better use elsewhere," a journalist-friend recently said with a sigh of relief when asked to respond to the...
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Cash transfers can work better than subsidies -Guy Standing
-The Hindu Providing people with a modest basic income instead of subsidies would save public revenue With oil prices falling, it was perhaps a good time to fade out Fuel subsidies. All subsidies are inefficient and distortionary, and most are regressive. The same could be said of costly public works schemes as well. By contrast, the debate on direct benefit transfers has moved into a more sensible phase, with the posturing criticism of...
More »Keep kerosene subsidy: CPI
-The Hindu Terming the move to scrap the kerosene subsidy "a shameless attack on the poor and downtrodden," the CPI demanded that the subsidy on the Fuel remain. On Friday, The Hindu reported that the Finance Ministry was planning to take forward the previous government's policy of phasing out subsidised kerosene. "Gas supply is very inadequate and sold in black markets. Some States becoming 100 per cent electrified and kerosene-free is a big...
More »No more subsidised kerosene through PDS -Puja Mehra
-The Hindu Only un-electrified households will be entitled to subsidised Fuel New Delhi: Attacking the subsidy regime, Union Finance Minister Arun Jaitley has scrapped the supply of subsidised kerosene through the Public Distribution System (PDS). The Centre plans to write to States asking them to provide subsidised kerosene only to un-electrified households. States which have achieved near 100 per cent electrification will be incentivised to become kerosene-free, a Finance Ministry source told...
More »Karnataka's Smart, New Solar Pump Policy for Irrigation -Tushaar Shah, Shilp Verma, and Neha Durga
-Economic and Political Weekly The runaway growth in states of subsidised solar pumps, which provide quality energy at near-zero marginal cost, can pose a bigger threat of groundwater over-exploitation than free power has done so far. The best way to meet this threat is by paying farmers to "grow" solar power as a remunerative cash crop. Doing so can reduce pressure on aquifers, cut the subsidy burden on electricity companies, reduce...
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