-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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Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of September, 2013
-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of September, 2013 rose by 1.2 percent to 179.7 (provisional) from 177.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.46% (provisional) for the month of September, 2013 (over September, 2012) as compared to 6.10% (provisional) for the previous month and 8.07% during the corresponding month...
More »From Saturday, govt offers easier access to LPG cylinders
-The Times of India NEW DELHI: Fed up with the service of your cooking gas dealer? Well, from Saturday you can switch to another nearby dealer - even if it belongs to another company - in 30 cities. Along with this scheme, which is similar to number portability for mobiles, oil minister M Veerappa Moily would on that day also launch sale of 5kg cooking gas cylinders in select company-owned petrol...
More »Have Gujarat and Bihar Outperformed the Rest of India?: A Statistical Note -R Nagaraj and Shruti Pandey
-Economic and Political Weekly In the popular and media imagination, fed by economists and columnists, Gujarat and Bihar have both recorded an extraordinary economic performance in the past decade. But a careful analysis shows that Gujarat, always one of the richest states, has done no better than before. In neither industry nor agriculture has its position radically changed. The only dramatic difference has been the emergence of import-dependent and export-oriented Petroleum...
More »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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