-Outlook In the last six months, the Government has transferred over Rs 2,000 crore in the accounts of 40 million consumers under the Direct Benefit Transfer for LPG (DBTL) scheme in 184 districts. "The scheme thus far has been a stupendous success with more than 40 million cash transfers to the consumer's bank accounts. A total sum of over 2,000 crore has been transferred in these high Aadhaar coverage districts providing direct...
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Moily sends positive signals to industries, assures quick green clearance to pending projects -Vishwa Mohan
-The Times of India NEW DELHI: Seeking to send a positive signal to industries, the new environment and forest minister M Veerappa Moily on Tuesday said no files will be kept pending in his ministry and the "image" of the green regulator would never be compromised in the process of project clearance. Immediately after taking additional charge of the environment and forest ministry, the Union petroleum and natural gas minister Moily said,...
More »CBI to probe Vedanta head over PSU selloff
-The Times of India NEW DELHI: Launching a probe in a deal done during NDA regime, the Central Bureau of Investigation (CBI) has registered a preliminary enquiry against Vedanta Group chairman Anil Agarwal and unknown officials in connection with alleged irregularities in the disinvestment of Hindustan Zinc Ltd (HZL). Agency suspects that the loss caused to the exchequer due to the alleged irregularities runs into hundreds of crores of rupees due...
More »No rethink on subsidised LPG: Moily
-The Business Standard Oil minister says Parikh report sound but government has to take realities into account; to proceed with Direct Benefits Transfer in 291 districts from January despite SC order Union petroleum minister M Veerappa Moily said there'd be no raising of the present cap on the number of subsidised cooking gas (LPG) cylinders a household was entitled to in a year. In the wake of severe electoral reverses for the ruling...
More »LPG price hiked by Rs 3.46 per cylinder due to increase in dealers' commission
-The Indian Express The price of LPG has been hiked by Rs 3.46 per cylinder because of the the increase in the commission of the dealers. The hikes comes after the government accepted a recommendation for increasing the commission paid to dealers by over 9 per cent. The Petroleum Planning and Analysis Cell, the fuel pricing arm of the Oil Ministry, had recommended raising the commission paid to dealers by Rs 3.46...
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