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New subsidy regime

-The Hindu Business Line The Centre has adopted a pragmatic approach to Cooking Gas subsidies The reintroduction of the direct benefits transfer scheme for the supply of Cooking Gas, after its withdrawal in March this year, is a welcome signal that subsidy targeting is back on the policy agenda. Unlike its UPA avatar, cash transfers will now be based on LPG consumers providing their bank account numbers, rather than Aadhaar numbers, to...

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Centre to relaunch Aadhaar-linked LPG scheme from tomorrow

-Business Standard New schemes allows consumers without Aadhaar to receive cash directly in their bank accounts The government is to launch the modified version of the Direct Benefit Transfer scheme (DBT) for Liquefied Petroleum Gas (LPG) in 54 districts across the country from tomorrow. The government hopes to cut down on large scale diversion of subsidised domestic Cooking Gas that does not make Aadhaar number mandatory. Earlier version of the scheme that was rolled...

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Govt. LPG subsidy capped at Rs. 20 a kg -Puja Mehra

-The Hindu The Union government has also decided to resume providing subsidy on Cooking Gas through direct cash transfers straight into consumers' bank accounts. The Modi government has frozen the budget subsidy for Cooking Gas at Rs. 20 a kg. This will not mean any increase in price for the consumer right away. However, if international prices were to rise, as they normally do in winter, then the government will be faced with...

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‘Eco Cooker’ promises to save 30% of LPG -B Venkat Sandeep

-The Hindu Tirupati (Andhra Pradesh): Given that about 30 per cent of the national energy goes to conventional cooking, bringing down LPG consumption holds the key. As the likely targets are social welfare hostels and schools, where mass cooking of meals is an integral part of the daily chore, New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) gave a demo at Social Welfare Boys' Hostel here recently on the use...

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Setting diesel free is a good idea -Paranjoy Guha Thakurta

-TheGoan.net As had been anticipated, on October 18, the Cabinet Committee of Economic Affairs chaired by Prime Minister Narendra Modi decided to decontrol the prices of diesel, the most widely-used petroleum product in the country. Riding on an unexpected fall in world prices of crude oil, the government was able to simultaneously announce a sharp fall in consumer prices of diesel by Rs 3.37 per litre (in Delhi). But the decision...

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