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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...

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LPG subsidy may soon go for the rich, Arun Jaitley says

-The Times of India NEW DELHI: If you are economically well off, you may soon have to pay full market price for your cooking gas refills. "The next important decision India will have to take is whether people like me ... (are) entitled to get our LPG (liquefied cooking gas) subsidy," finance minister Arun Jaitley said here on Friday. "I think the sooner we are able to take these decisions as to who...

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Centre to relaunch Aadhaar-linked LPG scheme from tomorrow

-Business Standard New schemes allows consumers without Aadhaar to receive cash directly in their bank accounts The government is to launch the modified version of the Direct Benefit Transfer scheme (DBT) for Liquefied Petroleum Gas (LPG) in 54 districts across the country from tomorrow. The government hopes to cut down on large scale diversion of subsidised domestic cooking gas that does not make Aadhaar number mandatory. Earlier version of the scheme that was rolled...

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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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Setting diesel free is a good idea -Paranjoy Guha Thakurta

-TheGoan.net As had been anticipated, on October 18, the Cabinet Committee of Economic Affairs chaired by Prime Minister Narendra Modi decided to decontrol the prices of diesel, the most widely-used petroleum product in the country. Riding on an unexpected fall in world prices of crude oil, the government was able to simultaneously announce a sharp fall in consumer prices of diesel by Rs 3.37 per litre (in Delhi). But the decision...

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