-The Hindu Government, Oil companies to work out modalities THIRUVANANTHAPURAM: The Cabinet on Wednesday decided to provide subsidy for up to nine cylinders of cooking gas (LPG) a year to all domestic consumers. Chief Minister Oommen Chandy told the media here after the weekly Cabinet meeting that the Centre was providing subsidy for six cylinders per household. The State government had earlier decided to extend the subsidy for nine cylinders to people living...
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Capped: subsidised theft of cooking gas -Sambit Saha
-The Telegraph Calcutta: Demand for commercial gas has risen sharply in Bengal, prompting suggestions that the subsidy cap on domestic cylinders has unmasked one of the worst-kept secrets in the country. The sudden spurt is being attributed to demand from commercial establishments and auto-rickshaws that were so far depending heavily on the subsidised cooking gas rampantly pilfered from the domestic segment. “We have been selling 6,000 (commercial) cylinders a day (to establishments) after...
More »Govt to switch to cash transfers to deal with an unwieldy subsidy bill -Siddharth & Surojit Gupta
-The Times of India The government is set to step up its push for cash transfer of subsidies and adopt it as a policy doctrine in the run-up to elections, with two pilot projects validating the assumption that it would lead to significant savings for the government while enhancing benefits for users. A pilot project for cooking gas in Mysore run by state-run Oil companies saw the number of connections dropping 40%...
More »UPA hopes to reap dividend from Aadhar scheme -Rajeev Deshpande
-The Times of India In a significant moment for UPA-II's plans to make cash transfers a reform motif and a pro-poor vote hook, Prime MinisterManmohan Singh and Congress chief Sonia Gandhi will hand out Aadhar number 21 crore in the Rajasthan village of Dudu on Saturday. Situated some 60-odd km from Jaipur, Dudu will be the stage for the launch of a scheme integrating benefits like rural employment guarantee, pensions and state...
More »Single price for LPG, norms direct subsidy transfer soon
-The Business Standard A decision has been taken to gradually initiate Aadhaar and non-Aadhaar based LPG subsidy transfer through the OMCs Having capped subsidised LPG cylinder to six, the government plans to move to a single price for domestic LPG by directly transferring subsidy to consumers with or without Aadhaar number. A committee of officials from ministries of petroleum, banking, expenditure, finance and UIDAI will prepare a white paper on the modalities...
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