-The Telegraph Calcutta: Demand for commercial gas has risen sharply in Bengal, prompting suggestions that the subsidy cap on domestic cylinders has unmasked one of the worst-kept secrets in the country. The sudden spurt is being attributed to demand from commercial establishments and auto-rickshaws that were so far depending heavily on the subsidised cooking gas rampantly pilfered from the domestic segment. “We have been selling 6,000 (commercial) cylinders a day (to establishments) after...

-The Hindu “If it is withdrawn, Centre will need to compensate States for increased cooking fuel cost” Unable to get an exemption for the cooking gas cylinders used for the Mid-Day Meal Scheme in the wake of a steep hike in the prices of domestic gas, Union Human Resource Minister Kapil Sibal has suggested that the Petroleum Ministry consider providing subsidised LPG cylinders for the current fiscal year. “It might be preferable at...

-PTI The price of liquefied petroleum gas (LPG) used as cooking gas has been increased by Rs 11.42 per cylinder after the government decided to raise the commission paid to dealers. Petrol and diesel prices may also go up marginally as the oil ministry is thinking of raising the dealers’ commission by at least 23 paisa and 10 paisa a litre respectively. On Friday, the ministry issued orders raising the commission paid to...

-The Economic Times Housewives can expect tough times ahead maintaining household budgets as all indicators suggest that prices of non-subsidized domestic cooking gas cylinders are expected to go up till March, 2013, much before they exhaust their quota of another three subsidized cooking gas cylinders. This is because the price of domestic liquefied petroleum gas (LPG or cooking gas) has been linked to international gas prices which typically shoots up during the...

-The Hindu In its report on the road map to fiscal consolidation, the three-member committee headed by the former Finance Secretary and 13th Finance Commission Chairman, Vijay L. Kelkar, has suggested a host of “bold reform” measures on ways of slashing the subsidy bill which, it admitted, would result in some short term pain and hardships. The committee’s recommendations also include sale of surplus land with public sector undertakings (PSUs), fast-tracking of...