-The Times of India NEW DELHI: Two days before Delhi gets a new chief minister, compressed natural gas (CNG) rates were hiked on Thursday by a steep Rs 4.50 - the second increase in three months - giving rise to the prospect of costlier public transport for Delhiites and throwing a challenge to the incoming Aam Aadmi Party (AAP) government. CNG will cost Rs 50.10 per kg in Delhi and Rs 56.70...
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LPG use in country falls due to cap on subsidized cylinders -Rajesh Chandramouli
-The Times of India CHENNAI: A tight vigil against diversion of subsidized fuel meant for domestic use seems to be paying off. The consumption of liquefied petroleum gas (LPG), commonly called cooking gas, has started to dip since government capped sale of subsidized cylinders to every household and for the first time ever, sales have fallen for two successive months in comparison to the corresponding period of the previous year. Consumption...
More »A sop that does not help -Sudha Mahalingam
-The Hindu Subsidies on cooking gas, kerosene and diesel have resulted in perverse outcomes not envisaged when they were introduced With the Aadhaar-based direct cash transfer scheme facing so many glitches in implementation, any hopes that the country’s energy sector can soon dismount the subsidy tiger it has been riding so dangerously have receded into the background. Had the Aadhaar scheme worked satisfactorily, the next logical step would have been to extend...
More »Cooking gas and kerosene subsidies call for urgent reform
-The Economic Times Open-ended consumption subsidies on petroleum products have wrought havoc on government finances. Reportedly, the trio of public sector oil marketing companies have of late blocked some 3.8 million parallel household connections of liquefied petroleum gas (LPG), in a bid to rationalise the subsidy outgo. The move to weed out multiple LPG connections does make sense. But we need to keep the big picture in mind and overhaul the pricing and...
More »Just getting by
-The Economist UNDER a thatched roof, lit by a full, yellow moon, Shiv Kumari explains how she and her five children survive. She is a widow, 30 years old, living in a home made of packed mud. She works the nearby fields, draws a small pension, some food rations and gets a few days of paid labour each month from a rural make-work scheme. Semra village, made up of 70 households, most...
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