Plans are afoot to cap the number of subsidised LPG cylinders at six to eight per annum to reduce the losses of state-run oil firms and bring down the burgeoning subsidy bill. Oil ministry officials said consumers might have to pay more for every additional cylinder, and the amount would be gradually linked to market rates. Sources said the finance ministry had asked the oil ministry to revisit its proposal made last...

-The Hindustan Times The labour ministry has proposed a minimum pension of Rs. 1,000 a month for all those who subscribe to the Employees’ Pension Scheme (EPS). If implemented, the move will benefit nearly 3 million workers engaged in small and medium enterprises with higher retirement benefits. Under the EPS 95 scheme, which has been in operation since 1995, a part of the employees’ provident fund contributions are set aside into...

-The Hindustan Times There is a widespread perception of policy paralysis in the corridors of power. The two remaining years of the UPA's term is still not too short to reverse the current drift, but time is rapidly running out. The damaged economy needs urgent fixing as does restoring the credibility of an executive racked by scandals and the absence of a sense of direction. The people of the country long...

-The Indian Express Push on FDI in multibrand retail could be the trigger for UPA 2’s image makeover For a government with its back to the wall and pretty much nowhere to go, it’s time to simply get on with it. Now that the Parliament’s Budget session is over, the presidential candidate has been announced and the next round of state elections is still some way off, the government is beginning to...

-The Times of India UPA's flagship rural guarantee scheme is performing fitfully in terms of work days, wages and coverage, amply confirming rural development minister Jairam Ramesh's fears that the programme has become a scheme for digging ditches. The Mahatma Gandhi National Rural Employment Guarantee, UPA's outreach to the poor, is not meeting critical parameters and is crying out for reform with questions about the utility a Rs 36,000-crore a year Budget...