-The Hindu The Pradhan Mantri Ujjwala Yojana scheme, which recognises the importance of clean cooking energy, is welcome. But we need to focus on issues of cash flow, awareness, availability and administration Within a fortnight of the recently announced Union Budget, the Cabinet Committee on Economic Affairs approved the Pradhan Mantri Ujjwala Yojana, earmarking Rs. 8,000 crore for it, with the aim of providing five crore subsidised Liquefied Petroleum Gas (LPG)...
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Govt mines tax data to prune LPG subsidy list -Jyoti Mukul & Sudheer Pal Singh
-Business Standard Petroleum ministry went through the list of consumers in affluent areas to find only 3% earning over Rs 10 lakh/year had surrendered their cooking gas subsidy The government is monitoring people earning over Rs 10 lakh a year who have not given up their cooking gas subsidy. Income tax data was being examined in affluent areas, Petroleum Minister Dharmendra Pradhan told Business Standard. This year's Economic Survey said Rs 1 lakh...
More »Over 80 lakh households have given up LPG subsidy: Pradhan
-The Hindu Campaign is part of government’s endeavour to reduce LPG subsidy bill More than 80 lakh households have given up LPG subsidy under the ‘Give it Up’ scheme, as of March 3, 2016, Oil Minister Dharmendra Pradhan said.The ‘Give it Up’ campaign is part of the government’s endeavour to reduce its LPG subsidy bill. Under the scheme, LPG users who can afford to pay the market rate for the fuel are encouraged...
More »A budget for Bharat can reset the narrative -Anil Padmanabhan
-Livemint.com Pro-poor and yet not populist can be the single defining strand of this year’s Union budget The run-up to this year’s Union budget, especially the past one week, has taken place in the backdrop of an unprecedented, vicious political confrontation between the ruling Bharatiya Janata Party (BJP) and the opposition. Together with the hit-wicket tendencies of the BJP-led National Democratic Alliance (NDA), it probably exaggerated the magnitude of every challenge...
More »Over 10 Years, Subsidies Grew Fastest: 7 Big Budget Numbers
-IndiaSpend.com As Finance Minister Arun Jaitley presents his third budget on Monday, February 29, 2016, our analysis of how seven parameters changed over 10 years (2006 to 2015) reveals that subsidies grew fourfold. The rise in subsidies was echoed by the Economic Survey, which said that of the Rs 2.4 lakh crore ($34.8 billion) subsidy bill, Rs 1.03 lakh crore ($14.9 billion) goes to those who do not need it. “Bounties for...
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