-The Economic Times The government's decision to cap supply of subsidised cooking gas cylinders to six a year would be difficult to implement and encourage black marketing, oil industry officials said. There could be an opportunity to divert cheaper cylinders from customers whose yearly consumption is less than six refills, industry officials said. According to the oil ministry 44% of consumers take six cylinders or less in a year. All India LPG Distributors...
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Accounts of PSU oil companies under scrutiny -Siddharth
-The Times of India The finance ministry has ordered a scrutiny of the books of oil marketing companies to see if the under-recoveries stated by them are in order or not. The move was initiated at the behest of finance minister P Chidamabram, who asked his officers to look into the issue even before diesel prices were raised and a cap on subsidized cooking gas cylinders was announced last week. The exercise...
More »An excessive remedy
-The Hindu The Supreme Court order on the appointment of Information Commissioners has had an unsettling effect on the working of the Right to Information Act, an elegant seven-year old law that has immeasurably empowered the average citizen. What was designed as an easy-to-use legal tool for the poor and weak may now be at risk of getting tangled in a web of complexity. The Court has, inter alia, ruled that...
More »Reform by transparency
-The Business Standard Gas cylinder cap has lessons for the future Of all the decisions that the United Progressive Alliance government took last week to end a long period of policy paralysis, the one that has caused the least provocation to opposition political parties is the annual capping of the supply of subsidised cooking gas cylinders. This is surprising, as its net effect on a householder’s annual budget will likely be substantial....
More »National IT Policy Aims to Make 1 Per Family e-Literate
-Outlook The government has approved the National Policy on Information Technology, which aims to make at least one individual in every household e-literate among other objectives, DEITy Secretary J Satyanarayana said today. "The IT policy has been cleared by the Government of India recently and the Policy addresses a number of issues regarding the development of the ICT sector and using it for the growth of the country, not only from the...
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