-The Times of India NEW DELHI: As the Centre stitches together its plan to roll out the direct benefit transfer (DBT) scheme, BJP-ruled Madhya Pradesh seems all set to achieve full coverage of some benefits through the scheme. The DBT scheme has been touted as a game-changer for the ruling Congress party in the lead-up to the general elections in 2014. Ironically, a BJP-ruled state seems to have taken the lead to...
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Soon, buy 5kg Cooking Gas refills at petrol pumps-Sanjay Dutta
-The Times of India NEW DELHI: Within a fortnight, you may be able to pick up a Cooking Gas refill from petrol pumps owned and operated by state-run oil companies in the four metros and big cities such as Bangalore and Hyderabad. Oil minister M Veerappa Moily on Tuesday approved the proposal allowing sale of 5-kg cylinders at commercial rate. The cost of the small refill will be Rs 361, oil company...
More »Their Common Threads -Lola Nayar
-Outlook Growth vs development, Bhagwati vs Sen. Both are right, say experts. *** "Can I not talk about Bhagwati, please? I don't like talking about Bhagwati. He loves talking about me, I do not like talking about him." -Amartya Sen, Telegraph "You must ask Professor Sen, not me, why he will not engage in a debate with me.... After all, he is...
More »Despite concerns, government to roll out Aadhaar-based cash transfer from Jan 1 -Sidhartha & Surojit Gupta
-The Times of India NEW DELHI: The government is all set to announce a national rollout of direct benefit transfer (DBT) of Cooking Gas subsidy in Aadhaar-using states from January, despite oil marketing companies pointing out several shortcomings in the current system. The decision was taken at a meeting convened by petroleum minister VeerappaMoily on Tuesday and a formal announcement is expected in the next few days, senior government officials told TOI....
More »Oil subsidy expected to balloon-Shine Jacob
-The Business Standard Under-recovery estimated to touch Rs 1.5 lakh cr in FY14 due to rising crude oil prices & falling rupee The fall in the rupee to a new low this week has made the government jittery, as the under-recovery on petroleum products is threatening to touch Rs 150,000 crore in 2013-14, despite phased diesel decontrol and capping of subsidised Cooking Gas cylinders. According to the petroleum ministry's estimates, for every rupee...
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