-The Hindu The comprehensive clean-up that the public sector oil marketing companies recently initiated in the liquefied petroleum gas distribution system is a commendable if long overdue effort to check what had evidently become a free-for-all game. Groaning under the “subsidy burden” in a market sector where consumption levels of the convenience fuel had skyrocketed over the decades, the companies first moved collectively to computerise data with regard to LPG consumers...
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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 »Pro-reform push in Congress show of strength today
-The Times of India Congress will hold a massive rally on Sunday to defend its decision to allow FDI in multi-brand retail, in what will showcase government's new assertiveness on reforms and the backing extended by the Congress brass in the face of populist criticism that giant retailers will harm farmers' interests and pop and mom stores. The party has, especially its units in Delhi and neighbouring Haryana, have pulled out all...
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...
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....
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