-Outlook Starting June 1 cooking gas (LPG) consumers in 18 districts will get Rs 435 in their bank accounts when they book an LPG cylinder as the government rolls out its ambitious direct benefit transfer programme to cut its fuel subsidy. The scheme was to be rolled out in 20 districts initially but the launch in Mysore in Karnataka and Mandi in Himachal Pradesh has been put off by a month due...
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Finance Ministry agrees to Rs 1 lakh cr diesel, LPG subsidy for FY'13
-PTI NEW DELHI: Finance Ministry today agreed to dole out a record Rs 100,000 crore towards diesel and cooking fuel subsidy in 2012-13 but wants pricing formula to be changed from current year to cut down the outgo. Finance Ministry, which had previously given out cash subsidy of Rs 55,000 crore, agreed to give Rs 40,000-45,000 crore more to cover for unmet revenue losses on fuel sale in the fiscal year ending...
More »Floors Wet With Sweat -Pragya Singh
-Outlook Labour is bought cheap, treated cheap-in India's garment factories as at Bangladeshi ones Even as the world remains morbidly fixated on the tragedy in Rana Plaza on the outskirts of Dhaka-the collapse of the textiles sweatshop three weeks ago buried 1,127 workers and sparked off a global outrage-it is business as usual at India's textile hubs. And you don't have to travel far from the city centre to...
More »DBT scheme to be launched in 20 districts-Sujay Mehdudia
-The Hindu It is likely to be extended to entire country from October The Petroleum and Natural Gas Ministry on Wednesday announced that the Direct Benefit Transfer (DBT) scheme for the LPG consumers, putting subsidy cash directly into the account of beneficiaries, would be launched in 20 districts with high Aadhaar card penetration from June 1. The scheme is likely to be extended to the entire country from October this year. However, the...
More »Aadhaar–LPG linkage still tardy in Andhra Pradesh
-The Hindu ‘Consumers must get Aadhaar number linked todatabase of oil companies and bank accounts' Hyderabad: Even as the Centre announced that the rollout of direct transfer of the cash subsidy on LPG would be from June 1, only 55 per cent of consumers got their Aadhaar number linked to the database of oil companies in the five districts in Andhra Pradesh. Even poorer is the linkage of Aadhaar numbers to the bank...
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