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Hike plans: subsidised LPG price may go up by Rs. 130, diesel by Rs. 1.5 -Anupama Airy

-The Hindustan Times The government is planning to hike the price of subsidised LPG cylinders — capped at six a year — by Rs. 130 during January-March 2013. It also plans to hike diesel prices by Rs. 1.5 a litre every month, which will take the hike to Rs. 4.5 a litre during the period. On Kerosene, the proposal is that the prices be either increased by 35 paise a litre per...

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Oil ministry for up to Rs 4.50/L hike in diesel rate; Rs 100 for LPG

-PTI The oil ministry has proposed a Rs 3-4.50 per litre hike in diesel price and Rs 100 in LPG rates along with raising the number of subsidised cooking gas cylinders for households to nine a year from the current cap of six. The ministry has moved a note for consideration of the Cabinet proposing options for meeting a record Rs 160,000 crore deficit arising from selling auto and cooking fuels below...

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Hike in diesel, cooking gas prices on anvil

-The Times of India Brace for higher fuel bills as the government has formally started the consultation process for raising diesel and cooking gas prices - the latter with an increased annual cap of nine subsidized refills - in line with the recommendations of a finance ministry panel. The committee under former bureaucrat Vijay Kelkar, tasked to suggest a roadmap for cutting fiscal deficit, has suggested raising diesel price periodically to align...

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SC endorses chorus for deterrent punishment for crime against women -Dhananjay Mahapatra

-The Times of India The Supreme Court on Friday endorsed the clamour for deterrent punishment to offenders in cases of crime against women saying no leniency be shown while sentencing the guilty in such cases. The strong pitch for tougher punishment for those guilty of crime against women came as part of a judgment, where a bench of Justices P Sathasivam and Ranjan Gogoi upheld life imprisonment for two sisters along with...

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Pilot schemes must stabilise to show the benefits of cash transfer system

-The Economic Times The government has done well to scale down the initial reach of the direct cash transfer system of handing out subsidies. Direct benefit transfer (DBT), as it is called now, will cover only 20 districts and seven scholarship schemes instead of 51 districts and 34 schemes planned earlier. Limiting coverage makes eminent sense. It is better to do a thorough job than to fumble at a mammoth task,...

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