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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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Effort to save midday meals

-The Telegraph Union minister Kapil Sibal has promised measures to ensure that the Centre’s curbs on cooking-gas subsidy would not derail the midday meal scheme that serves eight crore children in 12 lakh elementary schools. The Telegraph had reported on Wednesday that self-help groups had stopped preparing midday meals in over 50 primary schools in North 24-Parganas since Monday saying they could not afford the cylinders’ new price. Chief minister Mamata Banerjee had...

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Reforms Necessary to Strengthen Social Sector: Cong

-Outlook Defending the recent slew of reforms, Union Law Minister Salman Khurshid today said these steps were necessary to maintain a robust growth rate so that there was no dearth of funds for the social sector. "The UPA government had assumed power in the country with the promise of enabling the people to realise their full potential. To fulfil this promise, it was essential to banish what we call the Inspector Raj...

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Non-subsidized LPG refill at Rs 883, set to go up further- Piyush Pandey

-The Economic Times Housewives can expect tough times ahead maintaining household budgets as all indicators suggest that prices of non-subsidized domestic Cooking Gas cylinders are expected to go up till March, 2013, much before they exhaust their quota of another three subsidized Cooking Gas cylinders. This is because the price of domestic liquefied petroleum gas (LPG or Cooking Gas) has been linked to international gas prices which typically shoots up during the...

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Kelkar panel for scrapping all subsidy; says no action will push FY13 fiscal deficit to 6.1%

-NDTV The Kelkar committee has said subsidies pose the greatest risk to the country's fiscal situation, while suggesting that the excise and service tax rates should be cut to 8% over the next few years. The panel calls for the need to step up disinvestment drive in state-run firms for fiscal consolidation. It says diesel should be deregulated by 2014 and all subsidy on Cooking Gas be cut by 2015. All subsidies must be...

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