-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...

-The Hindu The comprehensive clean-up that the public sector oil marketing companies recently initiated in the liquefied petroleum gas distribution system is a commendable if long overdue effort to check what had evidently become a free-for-all game. Groaning under the “subsidy burden” in a market sector where consumption levels of the convenience fuel had skyrocketed over the decades, the companies first moved collectively to computerise data with regard to LPG consumers...

-The Telegraph Shimla: The Himachal Pradesh elections appear to have turned a straight fight between the induction cooker and “pricey” LPG. The Congress, led by five-time chief minister Virbhadra Singh, was looking the clear favourite till incumbent Prem Kumar Dhumal unveiled a new voter sop in the final rounds of campaigning. The BJP chief minister offered free induction cookers to tide the people over the cooking gas price hike brought about by the...

-The Times of India Congress will hold a massive rally on Sunday to defend its decision to allow FDI in multi-brand retail, in what will showcase government's new assertiveness on reforms and the backing extended by the Congress brass in the face of populist criticism that giant retailers will harm farmers' interests and pop and mom stores. The party has, especially its units in Delhi and neighbouring Haryana, have pulled out all...

-The Indian Express Hours after oil marketing companies announced a Rs 26.50 increase in the price of non-subsidised LPG cylinders Thursday, Petroleum Minister Veerappa Moily apparently developed cold feet and put the decision on hold pending a review. A 14.2 kg cylinder would have cost Rs 922 in the capital after the increase but late in the evening, Moily asked officials of Indian Oil Corp, the largest oil marketing firm, to keep...