-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...

-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...

-India Today Following the withdrawal of a subsidy for LPG cylinders by the Petroleum and Natural Gas Ministry, the Human Resource Development Ministry will soon begin reimbursing Rs.752 crore that was spent on preparing mid-day meals in schools using unsubsidised cylinders. The Finance Ministry's Department of Expenditure had last year given "inprinciple" approval for meeting an additional expenditure of Rs.752 crore to be incurred during 2012-13 for procuring LPG cylinders after the...

-The Hindu Business Line   The future of indigenous cattle lies in creating incentives to rear them India's indigenous cattle population has fallen by 8.9 per cent between 2007 and 2012 even as the numbers of exotic/crossbred cows and female buffaloes have gone up by 28.8 and 8 per cent respectively, according to the Agriculture Ministry's latest Livestock Census. Disturbing though this may seem to some, the trend is a reflection of rational...

-The Business Standard Like Indira Gandhi, even Narendra Modi seems to be relying on directing public-sector banks through ministry of finance supported by party cadres. How new is that? Narendra Modi's biggest project so far is Pradhan Mantri Jan Dhan Yojana (PMJDY), an aggressively promoted idea to open bank accounts. The English media ran full-page ads and TV commercials to announce the scheme that is supposed to reach largely rural households. It...