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Oil ministry for up to Rs 4.50/L hike in diesel rate; Rs 100 for LPG

-PTI The oil ministry has proposed a Rs 3-4.50 per litre hike in diesel price and Rs 100 in LPG rates along with raising the number of subsidised cooking gas cylinders for households to nine a year from the current cap of six. The ministry has moved a note for consideration of the Cabinet proposing options for meeting a record Rs 160,000 crore deficit arising from selling auto and cooking fuels below...

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Pilot schemes must stabilise to show the benefits of cash transfer system

-The Economic Times The government has done well to scale down the initial reach of the direct cash transfer system of handing out subsidies. Direct benefit transfer (DBT), as it is called now, will cover only 20 districts and seven scholarship schemes instead of 51 districts and 34 schemes planned earlier. Limiting coverage makes eminent sense. It is better to do a thorough job than to fumble at a mammoth task,...

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Direct Benefits Transfer scheme launches today in 20 districts

-The Indian Express On the eve of the launch of its ambitious Direct Benefits Transfer (DBT) programme, the government Monday announced that the welfare plan will be rolled out in 20 districts and cover seven schemes, mostly scholarships, to benefit more than 2 lakh people. The programme will expand to another 11 districts on February 1 and 12 more districts will be added on March 1. A total of 43 districts in...

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Jairam Ramesh, Union Minister for Rural Development interviewed by TK Rajalakshmi

-Frontline THE newly christened Right to Fair Compensation in Land Acquisition, Resettlement and Rehabilitation Bill, 2012, which was due to be passed in the Lok Sabha with amendments, has been deferred to the Budget session. Union Minister for Rural Development Jairam Ramesh spoke to Frontline on the present status of the Bill and the debate on it within Parliament and outside. Excerpts from the interview: * What were the reasons for the...

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Government saved over Rs.30,000 crore due to power privatisation, claims Minister

-The Hindu The Delhi Government has saved nearly Rs.30,000 crore due to power privatisation and this money has been invested in improving the infrastructure. This has resulted in meeting the peak power demand of up to 6,250 MW and minimal power cuts despite the average annual per capita power consumption in the Capital being 1,450 units, almost twice the national average, Delhi Power Minister Haroon Yusuf said while replying to a...

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