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States asked to curb illegal diversion of fertilisers

-PTI Irked by misuse of subsidy, the Centre has directed state governments to take firm steps to curb illegal diversion of fertilisers like urea to non-farm sectors, especially in Gujarat, Maharashtra and Haryana. "Instances of illegal diversion of fertilisers to other industries has come to our notice. We have written to chief secretaries of the states for initiating action against persons involved in smuggling of fertilisers with the help of central/state enforcement...

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Odisha asked to allow tribals to gather bamboo in forests

-PTI Raising the issue of "harassment" of tribals by forest department officials, Tribal Affairs Ministry has asked the Odisha government to ensure that these villagers get unfettered access to bamboo plantation areas for earning their livelihood. In a letter addressed to Odisha Chief Minister Naveen Patnaik, Tribal Affairs Minister V Kishore Chandra Deo has raised the issue of forest department officials denying transit rights to tribals in Kalahandi district and not allowing...

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Diesel, LPG subsidy will have to go, says Rangarajan-Ananya Dutta

Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken “as early as possible.” “I would not like to put a time frame, I can only say that action will be needed and therefore will be taken as early as possible,” he told journalists on...

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Petrol cheaper by Rs. 2.46, price may be slashed further

-The Hindustan Times Following a steep fall in global crude oil prices, the oil marketing companies have slashed petrol prices by Rs. 2.46 to Rs. 3.22 a litre — the second reduction this month — from Thursday midnight. Now, petrol in Delhi will cost Rs. 67.78 a litre — down by Rs. 2.46 — from Rs. 70.24 a litre. In Mumbai, the price will come down by Rs. 3.10 to Rs. 73.35...

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Fuel pricing reforms expected with Manmohan Singh taking additional charge of Finance Ministry-Rajeev Jayaswal

Prime Minister Manmohan Singh's direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said. According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills...

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