-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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Bengal govt amends Land Reforms Act
-The Indian Express Kolkata: The government on Wednesday passed the West Bengal Land Reforms (Amendment) Bill, 2014, in which the ambit for exemption has been widened. In addition, the government has also been lenient with industrialists who have plans to sit idle with their land. Earlier, while industriaists were allowed to keep the allotted land unused under Section 14Y for a maximum period of three years, under the new law they will...
More »Moderate inflation is a passing phase: Economists -Ishan Bakshi
-Business Standard A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation The sharp fall in inflation over the past few months has raised the clamour for interest rate cuts. With the Consumer Price Index (CPI) falling to 5.5 per cent in October from 6.5 per cent a month ago, which is below the central bank's target of six per cent by January...
More »Inflation drops to 5-year low
-PTI Continuing decline in food prices, including vegetables, pulled wholesale price inflation to a five-year low of 1.77 per cent in October. The Wholesale Price Index (WPI) based inflation was at 2.38 per cent in September and 7.24 per cent in October 2013. As per data released by the government today, the food inflation fell to a nearly two-and-a-half year low of 2.7 per cent. Food inflation is on decline since May. The sharp...
More »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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