-Business Standard Petroleum ministry went through the list of consumers in affluent areas to find only 3% earning over Rs 10 lakh/year had surrendered their cooking gas subsidy The government is monitoring people earning over Rs 10 lakh a year who have not given up their cooking gas subsidy. Income tax data was being examined in affluent areas, Petroleum Minister Dharmendra Pradhan told Business Standard. This year's Economic Survey said Rs 1 lakh...
More »SEARCH RESULT
Total Matching Records found : 358
Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy
-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...
More »Aadhaar-linked LPG: Govt says Rs 15,000 cr saved, survey says only Rs 14 cr in FY15 -Nitin Sethi
-Business Standard Research says Aadhaar was not necessary for de-duplication exercise What has been the net benefit that arose out of using Aadhaar within the Direct Benefits Transfer of liquefied petroleum gas (LPG) or PAHAL scheme as it is now called? Research done by the International Institute for Sustainable Development (IISD) says the benefit from Aadhaar in the scheme through de-duplication of records was at best limited to Rs 12-14 crore in...
More »Why Aadhaar is Niraadhaar: Jairam’s objections to the bill
-GovernanceNow.com Jairam Ramesh questions Aadhaar’s role in plugging subsidy leakages After snubbing the finance minister in Rajya Sabha, Jairam Ramesh of Congress questioned the government’s claim of saving Rs 14,000 crore by integrating Aadhaar for the LPG subsidy. Citing a report by International Institute of Sustainable Development, a London-based think tank, which seriously doubts the claim of savings accrued by DBT-LPG, Ramesh asked about the study on the basis of which...
More »Over 80 lakh households have given up LPG subsidy: Pradhan
-The Hindu Campaign is part of government’s endeavour to reduce LPG subsidy bill More than 80 lakh households have given up LPG subsidy under the ‘Give it Up’ scheme, as of March 3, 2016, Oil Minister Dharmendra Pradhan said.The ‘Give it Up’ campaign is part of the government’s endeavour to reduce its LPG subsidy bill. Under the scheme, LPG users who can afford to pay the market rate for the fuel are encouraged...
More »
