-PTI Claiming that the "downturn is more or less over", the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises. While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said "...the overall economy is expected to grow in the...
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A cylinder for a rupee plea
-The Telegraph The Supreme Court will on Monday examine a PIL seeking distribution of LPG to the common man at less than Re 1 per cylinder, on a par with the rate at which it is being supplied to industrial houses. In other words, the petitioner wants 12 cylinders, the average consumption of a four-member family, for Rs 12. The PIL filed by advocate Manohar Lal Sharma alleged the Centre’s claim that...
More »LPG cylinders to cost more in Uttarakhand-Shishir Prashant
-The Business Standard CM has withdran 5% VAT relief on subsidized, non-subsidized cooking gas After the centre’s decision to hike fuel prices through decontrol mechanism, it is virtually double jeopardy for the people in Uttarakhand with the state government withdrawing Value Added Tax (VAT) relief on the Liquefied Petroleum Gas (LPG) cylinders. In the latest decision, chief minister Vijay Bahuguna, who is heading Congress-led coalition government in the hill state, withdrew 5% VAT...
More »Petition demands delinking LPG subsidy and Aadhaar
-PTI Hyderabad: Andhra Pradesh High Court today issued notices to the state government and the oil companies, seeking replies within a week to a petition challenging the decision to link domestic LPG connections with Aadhaar card. The order was passed by the division bench of Chief Justice Pinaki Chandra Ghose and Justice Vilas V Afzalpurkar. Petitioner G Bala Goud had earlier wanted the court to direct the authorities not to impose the a...
More »LPG relief for midday meal kitchens, canteens -Sanjay Dutta
-The Times of India It appears to be one step forward and two steps back for the government in so far as pruning of fuel subsidy bill is concerned. The latest example is the oil ministry's order asking state-run fuel retailers to supply cooking gas cylinders at subsidized rate to non-domestic consumers such as canteens, medical institutions and mid-day meal kitchens. The order on cooking gas, issued on Tuesday, comes close on...
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