-The Business Standard The sorry implications of the LPG price rollback Following the government’s decision to increase the price of diesel and introduce a cap on the number of subsidised gas cylinders available for household use in September, there was a reasonable amount of hope that the United Progressive Alliance (UPA) had learned some lessons. First, that it was essential to reduce the fuel subsidy bill, the most obvious component of the...
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Relief for consumers? Government may review cap on subsidised LPG cylinder-Rajeev Jayaswal
-The Economic Times There is a ray of hope for consumers facing difficulties in getting timely delivery of cooking gas cylinders as the oil ministry may increase the supply of subsidised LPG cylinders and iron out glitches in the supply system to calm tempers ahead of crucial assembly elections. The new oil minister, M Veerappa Moily, discussed the matter with top executives of state oil firms and senior bureaucrats on Tuesday, government...
More »EC for Probe into Donations by Vedanta to Cong, BJP
-Outlook The Election Commission has come across instances of suspected violations of the Foreign Contribution Regulation Act by Congress and the BJP in their acceptance of donations from subsidiaries of multi-national firm Vedanta group. An investigation by the EC, carried out with the help of the I-T department, has found that both the parties had received about Rs 5 crore each from two subsidiaries of the Vedanta group -- Sterlite Industries and...
More »Election Commission seeks probe into FCRA 'violation' by Congress, BJP
-The Times of India The Election Commission (EC) has asked the Union home ministry to probe the alleged violation of the Foreign Contribution Regulation Act (FCRA) by both the Congress and the BJP by receiving donations of about Rs 5 crore each from Vedanta Group subsidiaries — Sterlite Industries and Sesa Goa. Nirvachan Sadan sources told TOI that the Representation of People Act (RPA) debarred political parties from receiving contribution for a...
More »FDI has nothing to do with US: PM Manmohan Singh
-PTI Unfazed by the uproar over FDI in retail and other tough decisions, Prime Minister Manmohan Singh on Saturday indicated that the government may continue with the reforms process and expressed willingness to discuss issues with allies. "We will do what is good for the country... reforms are not one-off process," he said. The Prime Minister was responding to questions on demands for rollback of decisions on FDI in multi-brand retail, diesel price...
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