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LPG price up by Rs 11.42 after dealer commission is marked up; petrol, diesel rates may go up

-PTI The price of liquefied petroleum gas (LPG) used as cooking gas has been increased by Rs 11.42 per cylinder after the government decided to raise the commission paid to dealers. Petrol and Diesel prices may also go up marginally as the oil ministry is thinking of raising the dealers’ commission by at least 23 paisa and 10 paisa a litre respectively. On Friday, the ministry issued orders raising the commission paid to...

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Pulses, fish & meat prices surge 15-20% in a month-Sutanuka Ghosal & Madhvi Sally

-The Economic Times KOLKATA/ AHMEDABAD: India's protein basket comprising pulses, egg, meat and fish has become costlier by 15-20 % over the last one month. Producers and traders say lower acreage in pulses, less availability of poultry feed like corn and rising input costs for fish breeding have impacted the stocks of protein food. Eggs, the breakfast protein staple , have become expensive by 20% in the past few weeks. Current retail...

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No agenda for real change

-The Hindustan Times The transformation from street corner protester to elected representative is never an easy one. In the case of some politicians, they never quite get over their penchant for tub-thumping, as we can see to some extent in Mamata Banerjee. Reading Arvind Kejriwal’s vision document and listening to his utterances, it would be no exaggeration to say that the transformation is going to be very difficult for him. Wearing...

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Let’s not overrate foreign investment -Pulapre Balakrishnan

-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...

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Kelkar for hike in PDS price -Ashok Dasgupta

-The Hindu In its report on the road map to fiscal consolidation, the three-member committee headed by the former Finance Secretary and 13th Finance Commission Chairman, Vijay L. Kelkar, has suggested a host of “bold reform” measures on ways of slashing the subsidy bill which, it admitted, would result in some short term pain and hardships. The committee’s recommendations also include sale of surplus land with public sector undertakings (PSUs), fast-tracking of...

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