The government plans to restrict subsidised domestic LPG cylinders to six per household every year. For additional cylinders, consumers will have to pay the market price. Data show 65-70 per cent of households use 5-6 cylinders (14.2 kg) a year, while the remaining use more. In Calcutta, PSU oil marketing firms suffer a loss of Rs 329.73 by selling an LPG cylinder at Rs 365.10. A senior oil ministry official said the proposal...

An Empowered Group of Ministers (EGoM) on Food is scheduled to meet on Monday to discuss the proposed National Food Security Bill and take a view on the suggestions made by the Sonia Gandhi-headed National Advisory Council (NAC) and Rangarajan Panel. According to sources, the Food Ministry will place the reports of both the NAC and the Prime Minister’s panel headed by PMEAC chairman C Rangarajan before the EGoM for guidance. The...

The government on Thursday raised the benchmark prices at which fertiliser companies and designated traders can import phosphatic and potash fertilisers with subsidy support so that farmers have uninterrupted supply of plant nutrients in the coming monsoon season despite higher global prices. The subsidy given to companies for making the commodity available to farmers, is computed based on the notified benchmark prices. The decision to raise the prices of imported di-ammonium...

The Prime Minister-appointed panel on Food and Public Distribution System (F&PDS) headed by Deputy Chairman Planning Commission Montek Singh Ahluwalia has suggested that the current system of distributing PDS foodgrain per household should be replaced with per capita allocation. According to National Sample Survey (NSS) data, lower income households have more members per family than higher income households, the panel has said in its draft report. Justifying its suggestion as a “progressive...

An Empowered Group of Ministers (EGoM) on Food is scheduled to meet today to discuss the proposed National Food Security Bill and take a view on the suggestions made by the Sonia Gandhi-headed National Advisory Council (NAC) and Rangarajan Committee. According to sources, the Food Ministry will place the reports of both the NAC and the Prime Minister's panel headed by PMEAC Chairman C Rangarajan before the EGoM for guidance. The Rangarajan...