-Business Standard New schemes allows consumers without Aadhaar to receive cash directly in their bank accounts The government is to launch the modified version of the Direct Benefit Transfer scheme (DBT) for Liquefied Petroleum Gas (LPG) in 54 districts across the country from tomorrow. The government hopes to cut down on large scale diversion of subsidised domestic cooking gas that does not make Aadhaar number mandatory. Earlier version of the scheme that was rolled...
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Your food is not cheaper yet, but wait a while -Harish Damodaran
-The Indian Express * Have global agri-commodity prices fallen? By how much? They have. The Food and Agricultural Organisation's latest Food Price Index (base: 2002-04 = 100) of 192.3 for October is down 6.9 per cent compared to a year ago, and 19.1% below the all-time high of 237.7 reached in February 2011. Prices of commodities such as corn, wheat, soybean, sugar and palm oil traded in international futures exchanges are today...
More »Setting diesel free is a good idea -Paranjoy Guha Thakurta
-TheGoan.net As had been anticipated, on October 18, the Cabinet Committee of Economic Affairs chaired by Prime Minister Narendra Modi decided to decontrol the prices of diesel, the most widely-used Petroleum product in the country. Riding on an unexpected fall in world prices of crude oil, the government was able to simultaneously announce a sharp fall in consumer prices of diesel by Rs 3.37 per litre (in Delhi). But the decision...
More »Diwali sends pollution levels spiralling in Delhi -Jayashree Nandi
-The Times of India NEW DELHI: The sustained anti-firecracker campaign, clampdown on Chinese crackers and a 10pm deadline do not seem to have made the city breathe any easier this Diwali than during the last one. There was no significant improvement in air quality compared to last year. The range of average PM 2.5 (fine, respirable particles) may have reduced from 201-533 microgram per cubic metre last Diwali to 145-500 microgram per...
More »Now, Centre to cap subsidy on cooking gas -Jyoti Mukul & Sudheer Pal Singh
-The Business Standard So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy Taking the next step in liquefied Petroleum gas (LPG) pricing reforms, the National Democratic Alliance (NDA) government has decided to cap the subsidy on domestic gas cylinders. So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy. Union Petroleum Minister Dharmendra Pradhan told Business Standard a...
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