-PTI The price of liquefied petroleum gas (LPG) used as cooking gas has been increased by Rs 11.42 per cylinder after the government decided to raise the commission paid to dealers. Petrol and diesel prices may also go up marginally as the oil ministry is thinking of raising the dealers’ commission by at least 23 paisa and 10 paisa a litre respectively. On Friday, the ministry issued orders raising the commission paid to...
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Resisting Extrajudicial Execution In Manipur -Neena Ningombam
-Countercurrents.org I am Neena secretary of Extrajudicial Execution Victim Families Association Manipur (EEVFAM). On 4 November 2008 after enjoying a family lunch, my husband Nongmaithem Michael, went to a friend’s helping him to set up his father’s shradha ceremony. Around 3 p.m. he got a phone call and left the place. At 3.32 p.m. I received a call from him saying that he was apprehended and told me to inform his sister...
More »Oil PSUs: Decoding the math of loss or under-recovery and what it means-Avinash Celestine
-The Economic Times How right was the government when it stated that the under-recoveries posed a threat to 'our national economy'? Or when the government says that it gave more to the sector in the form of subsidies than it earned as fuel taxes? The government would also like you to believe that the under-recoveries, dependent as they are on the price of crude in the international market, and the exchange...
More »Govt cushions impact of subsidy waiver of LPG
-The Times of India In a relief to consumers, the home minister P Chidambaram on Friday announced abolishment the import and excise duties on non-subsidized domestic LPG cylinders, bringing down their price by Rs 97 a unit in Delhi. It also asked states to subsidize LPG cylinders. The government had last week restricted supply of subsidized cooking gas to six per household in a year. Any requirement beyond this was to be...
More »LPG ball in Bengal’s court -Sambit Saha
-The Telegraph Non-subsidised domestic cooking gas will cost Rs 832 per cylinder in Calcutta following the Centre’s decision to forego Customs and excise duties that add up to Rs 103.50 apiece. However, if the Bengal government drops local levies, consumers can save Rs 52.50 more as the price will fall further to about Rs 780 a cylinder. According to new rules, every family will have to pay the market rate once it crosses...
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