-Outlook Starting June 1 cooking gas (LPG) consumers in 18 districts will get Rs 435 in their bank accounts when they book an LPG cylinder as the government rolls out its ambitious direct benefit transfer programme to cut its Fuel Subsidy. The scheme was to be rolled out in 20 districts initially but the launch in Mysore in Karnataka and Mandi in Himachal Pradesh has been put off by a month due...
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Finance Ministry agrees to Rs 1 lakh cr diesel, LPG subsidy for FY'13
-PTI NEW DELHI: Finance Ministry today agreed to dole out a record Rs 100,000 crore towards diesel and cooking Fuel Subsidy in 2012-13 but wants pricing formula to be changed from current year to cut down the outgo. Finance Ministry, which had previously given out cash subsidy of Rs 55,000 crore, agreed to give Rs 40,000-45,000 crore more to cover for unmet revenue losses on fuel sale in the fiscal year ending...
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-The Business Standard How to fix the agricultural pricing mess The government's move to get the mandate of the Commission for Agricultural Costs and Prices (CACP) reviewed afresh by an expert panel needs to be viewed in a broader perspective - one that weighs political populism against economic logic. It has been argued that minimum support prices (MSPs) have been raised often - and supposedly partly for political reasons - during the...
More »Rise in power tariffs shifts debate to quality- Kirthi V Rao and Utpal Bhaskar
-Live Mint Tariffs reach at least Rs.4 per unit in many states, finds analysis, amid efforts to bail out state discoms Indian domestic consumers in 16 states are paying at least `4 per unit for power and in some cases even more, according to an analysis, thus giving the lie to the long-held axiom that raising tariffs is nearly impossible in India given the political compulsions. The finding also shows conclusively that...
More »Whistle blower Ashok Khemka in Robert Vadra-DLF land deal transferred for 44th time-Prashant Krar
-The Economic Times CHANDIGARH: Haryana government today transferred whistleblower in Robert Vadra-DLF land deal, Ashok Khemka, Haryana IAS officer to department of Archives within six months of his recent posting as managing director of Haryana Seeds Development Corporation. The latest transfer of Khemka, second in last few months and 44th in all, is seen as a bid to avoid further threat to image of the Congress government that has taken beating after...
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