-The Times of India The government may raise the annual cap of six cylinders on subsidized cooking gas after the petroleum minister faced persistent demands from Congress leaders at the party conclave in Surajkund on Friday. The limit on subsidized LPG cylinders could go up to nine cylinders, and to 12 closer to elections. While Congress had in September expressed discomfiture with the decision to put a limit on subsidized cylinders, it...
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Cooker or gas? Election goose cooking-JP Yadav
-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...
More »LPG price hike, rollback within hours
-The Times of India Within hours of raising cooking gas prices, the government late on Thursday asked oil marketing companies to put on hold the Rs 26.50 hike, calling into question the seriousness of the deregulation plan and casting a doubt over the UPA's commitment to fiscal reforms. The U-turn came after a volley of protests by the opposition and days before Himachal Pradesh goes to polls, with Gujarat elections to follow....
More »Stepping it up
-The Indian Express After 14 years, the Central government has held the minimum support price (MSP) for wheat constant at last year’s Rs 1,285 per quintal. There is, of course, still no guarantee that the price will not be changed if major producer states like Punjab and Haryana raise objections. But for now, the UPA government’s newly discovered zeal to push through another reform is heartening. It may also be useful...
More »Moily develops cold feet, puts LPG hike on hold within hours
-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...
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