-The Indian Express The farmer organisations have been demanding minimum income guarantee scheme, implementation of the Swaminathan Commission report and waiver of farmers' debt. New Delhi: Demanding remunerative prices for their produce, implementation of the Swaminathan Commission recommendations and farm loan waivers among other things, farmers across the country continued their agitation Saturday as part of a 10-day long nationwide strike. In the wake of the dwindling fresh supplies of farm produce in...
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Passing off Politics as Economics -Puja Mehra
-The Hindu Centre for Politics and Public Policy As Prime Minister Narendra Modi completes four years in office this month, it is becoming increasingly clear that his government has fallen short on the promises made during the 2014 election campaign. The economy has performed below expectations, and some of the economic metrics today are weaker than what the country witnessed in the last years – labelled the ‘policy paralysis’ phase –...
More »Petrol and diesel prices to be slashed, oil companies to share burden -P Suchetana Ray
-Hindustan Times In the last few days, fuel prices have touched record highs, with petrol costing Rs 76.87 per litre in Delhi and diesel Rs 68.08 a litre. In the last nine days, the price of petrol has risen by Rs 2.24 and diesel by Rs 2.15. New Delhi: Fuel prices are likely to be slashed by Rs 2 to Rs 4 in the next few days and a decision will...
More »Duty may be cut to cool fuel prices
-The Times of India NEW DELHI: Oil minister Dharmendra Pradhan on Sunday raised hopes of the government cutting excise duty to soften the impact of oil prices as petrol and diesel prices hit historic highs on Sunday with state-run fuel retailers racing to catch up with current market rates after freezing pump prices for 19 days ahead of the Karnataka election. "The Centre is sensitive towards the rising fuel prices. Various alternatives...
More »How State budgets will fare if petrol, diesel are brought under GST -Rohan Abraham
-The Hindu While consumers will be glad to see their fuel bills slashed by the advent of a favourable rate structure under the GST, State governments will have to contend with an erosion in tax revenue. At the time of writing, petrol was retailing at Rs.82.48/litre in Mumbai, roughly 62% more than the Rs.50.8/litre Pakistanis shell out for a tank of gas. This is despite the fact that crude oil prices are...
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