-Outlook The cap on subsidised LPG has the UPA regime worried Something Cookin’     There’s definitely going to be a relook at the six-subsidised-cylinders cap     Fear that LPG could cause a replay of the “onion impact” on 2014 polls     Pressure from all parties for increasing number of subsidised cylinders     Central government keen that states too share burden of extra cylinders      But that could be tricky when discussing Centre-state revenue-sharing Cylinder Pricing     Subsidised cylinders...

-The Business Standard Govt pushes biofuels again, despite bitter experience The nearly decade-old programme to promote ethanol-blended petrol has failed to make much headway despite continued attempts by the government to get it going. The latest such attempt was last week, when the Cabinet Committee on Economic Affairs (CCEA) made the very poor decision to force oil marketing companies to mix five per cent ethanol with petrol throughout the country from...

-The Business Standard The sorry implications of the LPG price rollback  Following the government’s decision to increase the price of diesel and introduce a cap on the number of subsidised gas cylinders available for household use in September, there was a reasonable amount of hope that the United Progressive Alliance (UPA) had learned some lessons. First, that it was essential to reduce the fuel subsidy bill, the most obvious component of the...

-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....

-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...