-The Economic Times The oil ministry may raise prices of diesel by Re 1 a litre or that of cooking gas by Rs 100 to neutralise the impact of its plan to increase the supply of subsidised cylinders to households, government officials said. "A Re 1 hike in diesel prices would generate about Rs 8,000 crore a year, which is sufficient for three additional cylinders in a year. About Rs 100 hike...
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The elephant in the room -Biraj Patnaik
-The Times of India Crest The biggest hurdle for the DCT programme is the identification of the poor. The "gamechanger" announcement of the UPA 2 government on Direct Cash Transfers (DCT) for 45 schemes has generated much debate through the week with opinions flying around faster than money can get electronically transferred. At the heart of it, the idea of this proposed DCT is unexceptionable. Existing programmes where government transfers money to...
More »LPG cap: EC unsatisfied with Moily's explanation
-The Times of India The Election Commission (EC) on Wednesday rapped petroleum minister M Veerappa Moily for having violated the model code of conduct with his poll-eve announcement of plans to increase LPG subsidy cap from six to nine cylinders a year. Expressing its strong disapproval of the announcement made on Tuesday - adjudged by the poll watchdog as promise of a financial grant - the EC cautioned Moily to be...
More »Decline in Poverty Ratio in Jharkhand: Govt
-Outlook The poverty ratio in Jharkhand declined to 39.1 per cent in 2009-10 from 45.3 per cent five years ago because of economic growth and poverty alleviation programmes, the government said today. "The percentage of people living below poverty line in Jharkhand has declined from 45.3 per cent in 2004-05 to 39.1 per cent in 2009-10. "In terms of number of poor, it has declined from 1.32 crore in 2004-05 to 1.26 crore...
More »Govt yet to decide on raising LPG cap: Moily
-PTI A day after Election Commission rap, oil minister M Veerappa Moily on Wednesday said the government has not yet taken any decision on raising cap on supply of subsidised LPG Cylinders and the EC would have been informed before announcing any decision. "If the proposals had been concretised and it was to be announced or decision was to be taken... I would have definitely written to Election Commission of India," Moily...
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