-The Hindu OMCs will revise price every month until losses are wiped out The Centre is seized of some State governments’ directive to their transport undertakings (STU) to line up at retail outlets for refuelling following the removal of subsidy for bulk consumers of diesel, Petroleum Minister M. Veerappa Moily said on Friday. Talking to reporters here, Mr. Moily said he had heard that States such as Gujarat and Tamil Nadu had asked...
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Why it's difficult to cut our diesel dependence -Atul Sethi
-The Times of India Every few days, Rajkumar Sharma, manager of a group housing society in Noida, makes the mandatory trip to the nearby petrol pump to pick up his quota of diesel. A few days back, even as he was on his 'diesel duty' as he calls it, he was making some quick back-of-the-envelope calculations. "Our average monthly consumption is around 400 litres which means a monthly expenditure of around...
More »Gujarat HC Issues Contempt Notice to Centre on Gas Rates
-Outlook Ahmedabad: Gujarat High Court today directed the Centre to explain why contempt proceedings should not be initiated against it for not implementing an order to provide natural gas to the city at the rates on par with Mumbai and Delhi under administered price mechanism (APM). "To date no special leave petition has been filed in the Supreme Court challenging our order dated July 25, 2012.... We direct (Centre) to file an...
More »A sop that does not help -Sudha Mahalingam
-The Hindu Subsidies on cooking gas, kerosene and diesel have resulted in perverse outcomes not envisaged when they were introduced With the Aadhaar-based direct cash transfer scheme facing so many glitches in implementation, any hopes that the country’s energy sector can soon dismount the subsidy tiger it has been riding so dangerously have receded into the background. Had the Aadhaar scheme worked satisfactorily, the next logical step would have been to extend...
More »"Peak farmland" is here, food crop area to fall-study
-Reuters The amount of land needed to grow crops worldwide is at a peak and an area more than twice the size of France can return to nature by 2060 due to rising yields and slower population growth, a group of experts said on Monday. The report, conflicting with U.N. studies that say more cropland will be needed in coming decades to avert hunger and price spikes as the world population rises...
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