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Why Indians will continue to pay high oil prices despite lower global rates?-Suchetana Ray

-Hindustan Times Consumers pay more than 100% tax – central and state levies combined – on petrol and diesel. New Delhi: Fuel prices in India are at a three-year high, although global crude rates halved over the same period, leaving many in the country to wonder why they must continue to pay more for petrol and diesel. The Central Government says that because states earn more in taxes on petrol and diesel, they...

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Why Arun Jaitley is unable to cut petrol, diesel prices -Abhik Deb

-The Times of India NEW DELHI: In the last one week or so, the government has actively turned its focus towards reviving the country's economy. On Thursday, news agency Reuters quoted government officials to report that the Centre is planning to spend up to Rs 50,000 crore to arrest the 'economic slowdown'. This report came a day after Finance Minister Arun Jaitley said that the government is considering additional measures to...

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The Centre could provide relief from rising fuel prices by cutting taxes, but here's why it may not -Nitin Sethi and Mayank Jain

-Scroll.in The price of petrol and diesel remains as high even though the cost of importing crude oil has halved from 2011. In 2011 when the cost of oil being imported by India was averaging above $100 per barrel, the retail price that citizens paid for petrol in Delhi averaged Rs 65 per litre. But today, when the cost of importing oil is substantially lower at an average of $50 per...

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MGNREGA, once world's largest source of rural livelihood, now a tale of decay and digital delay -Rashme Sehgal

-Firstpost.com Have women living in rural India benefitted from the Mahatma Gandhi National Rural Employment Scheme (MGNREGA)? MNREGA was introduced in 2006 and has emerged as the largest programme in the world for providing employment to the rural poor. While there is no doubt that MNREGA in a short span of ten years did help generate 20 billion person-days of employment benefitting 276 million workers from which more than half were women....

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Narmada dam: Public finance, public play -Sudeep Chakravarti

-Livemint.com For the people of India and their “faith” in the Sardar Sarovar dam, it’s really a matter of public finance Optics is as air for politicians. It is no different for Prime Minister Narendra Modi and what is commonly known as the Narmada Dam. But even air can sometimes get dense with rhetoric. On 17 September, Modi inaugurated the Sardar Sarovar Dam, the largest project of the Narmada, or Sardar Sarovar Project,...

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