-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...
More »Centre to refund LPG cost for mid-day meals -Neetu Chandra Sharma
-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...
More »New buildings keep guzzling, small steps at home giant leap for energy saving -Amitabh Sinha
-The Indian Express All the extra money that you spent on installing CFL lights in your homes, in buying new LED television sets, and on five-star rated air-conditioners and refrigerators instead of three-star ones, have proved to be worthwhile, having resulted in huge energy savings for India in the last decade. Between 2000 and 2011, a total of 791 million tonnes of oil equivalent energy was saved, thanks to measures like...
More »Aadhaar-subsidy push: Govt for 80% linkage soon in five schemes -Sanjeeb Mukherjee
-The Business Standard PlanCom meets this month to hasten implementation; initial focus on target coverage might cover 300 districts After reposing faith in the Aadhaar project at its cabinet meeting last week, the Narendra Modi government wants Direct Benefits Transfer (DBT) to 80% of beneficiaries in five key schemes "as soon as possible". These include the cooking gas subsidy, where DBT was stalled under the previous government. The other schemes are on transfer...
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