-The Business Standard Gas cylinder cap has lessons for the future Of all the decisions that the United Progressive Alliance government took last week to end a long period of policy paralysis, the one that has caused the least provocation to opposition political parties is the annual capping of the supply of subsidised cooking gas cylinders. This is surprising, as its net effect on a householder’s annual budget will likely be substantial....
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Absence of proper mechanism may hit gas cylinder delivery, say distributors -Richa Mishra
-The Hindu Business Line Threaten to stop deliveries if system not in place by month-end The Government may have to take some quick decisions if it wants smooth delivery of domestic LPG cylinders. The All India LPG Distributors’ Federation today said that if the Government and the Oil marketing companies fail to come up with a proper enforcement mechanism by the month-end, then effective October 1, the distributors would be left with no...
More »Drought to hit coarse cereals, pulses, Oilseeds output: Pawar
-The Business Standard Despite a marked improvement in the southwest monsoon, Agriculture Minister Sharad Pawar on Wednesday said production of coarse cereals, pulses, Oilseeds and rice, to some extent, would be less than last year. For sugar, the cane area is more. But, Pawar said, some drop in production can be expected as farmers in Karnataka and Maharashtra have diverted a sizeable portion of standing crop towards fodder. Announcing the second relief package...
More »Likely drop in food output to keep prices high -Zia Haq
-The Hindustan Times Indian households, already paying more for food, could see prices remain high because of a likely fall in farm output, despite an abating drought. Although the monsoon has improved to be only 8% below average until September 12, production of pulses, cereals and sugar is likely to decline from last year's levels, when India posted a record harvest. "Although stocks are plentiful now, prices remain a real cause of concern...
More »Price of diesel hiked by Rs 5, subsidized LPG restricted to 6 cylinders a year per family
-The Times of India The government on Thursday approved a steep hike on diesel price in a politically risky move to rein in the fiscal deficit. The cabinet committee on political affairs approved the hike in a meeting at the Prime Minister's residence. The price of diesel is hiked by Rs 5. However, the price of PDS kerosene and petrol were left unchanged. The panel also restricted the number of subsidized LPG...
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