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No rethink on subsidised LPG: Moily

-The Business Standard Oil minister says Parikh report sound but government has to take realities into account; to proceed with Direct Benefits Transfer in 291 districts from January despite SC order Union petroleum minister M Veerappa Moily said there'd be no raising of the present cap on the number of subsidised cooking gas (LPG) cylinders a household was entitled to in a year. In the wake of severe electoral reverses for the ruling...

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The Truth Is Out There -Uttam Sengupta

-Outlook The state elections rolled out smoothly, but it's money power which ruled on the ground As we celebrate the smooth working of a massive electoral exercise-simplistically dubbed by many as the semi-final to the greatest show on earth, General Elections 2014-a realisation has dawned that the role of ‘money power' is reaching alarming proportions. Sure, elections are more fool-proof today than in the past, and most (rightly) salute the EC...

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Parikh panel wants diesel price hiked by Rs. 5

-The Hindu     Recommends six subsidised LPG cylinders per household in a year The Government-appointed Kirit Parikh Committee has recommended a price increase of Rs. 5 per litre in diesel, Rs. 4 per litre in kerosene, and Rs. 250 in LPG cylinder with immediate effect. It has also recommended that the subsidised LPG cylinders be reduced from the present nine to six cylinders per annum to each household. It has pitched for capping the...

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Pay panel a vote magnet? Congress trying to woo middle class

-The Times of India NEW DELHI: The Congress trumpeted the constitution of seventh pay commission as another of its welfare measures in line with land and food bills, in what appeared a thinly-veiled attempt to milk the olive branch to government employees at the upcoming state and Lok Sabha polls. The surprise decision on the pay commission targetting middle-classes comes on the back of legislations to win over the poor and the...

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A sugar rush that could fuel the economy -R Viswanathan

-The Hindu India should take its cue from Brazil and invest in ethanol as a viable commercial substitute for costly petrol The public and media were outraged recently after a suggestion that petrol stations could be closed from 8 p.m. to 8 a.m. to curb consumption. Oil import is the heaviest burden on India's foreign exchange, at $144 billion last year. The situation could get worse, given the potential for an increase...

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