-The Business Standard Oil minister says Parikh report sound but government has to take realities into account; to proceed with Direct Benefits Transfer in 291 districts from January despite SC order Union petroleum minister M Veerappa Moily said there'd be no raising of the present cap on the number of subsidised cooking gas (LPG) cylinders a household was entitled to in a year. In the wake of severe electoral reverses for the ruling...
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LPG price hiked by Rs 3.46 per cylinder due to increase in dealers' commission
-The Indian Express The price of LPG has been hiked by Rs 3.46 per cylinder because of the the increase in the commission of the dealers. The hikes comes after the government accepted a recommendation for increasing the commission paid to dealers by over 9 per cent. The Petroleum Planning and Analysis Cell, the fuel pricing arm of the Oil Ministry, had recommended raising the commission paid to dealers by Rs 3.46...
More »From Saturday, govt offers easier access to LPG cylinders
-The Times of India NEW DELHI: Fed up with the service of your cooking gas dealer? Well, from Saturday you can switch to another nearby dealer - even if it belongs to another company - in 30 cities. Along with this scheme, which is similar to number portability for mobiles, oil minister M Veerappa Moily would on that day also launch sale of 5kg cooking gas cylinders in select company-owned petrol...
More »62% petrol used by two-wheelers, 27% by cars, survey shows -Sanjay Dutta
-The Times of India NEW DELHI: The government touted petrol as rich man's fuel to stop subsidy. But a latest survey shows 62% of the fuel flowing into the market is consumed by the aam aadmi's sawari - two-wheelers - while about 2% is being sold loose by people to earn their livelihood in remote villages and coastal areas. The survey, conducted by Nielsen for the oil ministry's think-tank - Petroleum...
More »Cash transfer reaches just 10% of test population-Sidhartha
-The Times of India NEW DELHI: Direct Benefit Transfer (DBT) was supposed to be a game-changer ahead of the 2014 general elections, with the government planning to plug leakages by transferring cash directly into the accounts of beneficiaries and hoping to cash in on their goodwill. But eight months down the line, it is discovering that the grand plan has run into bureaucratic walls and the beneficiaries are not ready to...
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