-The Hindu While consumers will be glad to see their fuel bills slashed by the advent of a favourable rate structure under the GST, State governments will have to contend with an erosion in tax revenue. At the time of writing, petrol was retailing at Rs.82.48/litre in Mumbai, roughly 62% more than the Rs.50.8/litre Pakistanis shell out for a tank of gas. This is despite the fact that crude oil prices are...
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Budget 2018: Will Women Really Be Better Off at the End of This Fiscal? -Barkha Deva
-TheWire.in In the gender Budget, the Modi government has not done much more than pay lip service to policies that impact women. Soon after the Union Budget was presented, the PMO tweeted Modi as saying: “Special emphasis has been given on women empowerment in the Budget.” A high-voltage communication campaign followed highlighting key proposals for women, including an increase in commitments for the Ujjwala scheme to provide free gas connections to eight crore...
More »PM's plan for free gas connections is failing its objective - as government had been warned it would -Nitin Sethi & Aroon Deep
-Scroll.in A study commissioned in 2015 said that for the Pradhan Mantri Ujjwala Yojana to succeed, the price of gas cylinders would have to be reduced. In an interview to TimesNow on the weekend, Prime Minister Narendra Modi extolled the virtues of the Pradhan Mantri Ujjwala Yojana, which offers free gas connections to the rural poor. “What will be the ease of living for a poor woman, who uses a stove...
More »Nervous over rising crude, government ends monthly LPG price hike -Sanjay Dutta
-The Times of India NEW DELHI: In a clear indication of the nervousness over rising oil prices evoking popular anger, the government has asked state-run fuel retailers to stop raising the price of subsidised cooking gas cylinders by Rs 4 a month. The order was issued in October, around the same time the government cut excise duty on petrol and diesel by Rs 2 per litre to stave off rising consumer anger...
More »Jet fuel price hiked by 6%; LPG costlier by Rs 1.50 a cylinder
-PTI NEW DELHI: Jet fuel or ATF price was on Sunday hiked by a steep 6 per cent on firming international rates, the third straight increase in rates since August. Aviation turbine fuel (ATF) will now cost Rs 53,045 per kilolitre (kl) in Delhi, Rs 3,025 per kl more than Rs 50,020 previously, according to a price hike notification by Indian Oil Corp, the nation's biggest fuel retailer. This is the third consecutive...
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