-The Times of India Within hours of raising cooking gas prices, the government late on Thursday asked oil marketing companies to put on hold the Rs 26.50 hike, calling into question the seriousness of the deregulation plan and casting a doubt over the UPA's commitment to fiscal reforms. The U-turn came after a volley of protests by the opposition and days before Himachal Pradesh goes to polls, with Gujarat elections to follow....
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Two kitchens can get you two LPG connections -Piyush Pandey
-The Times of India MUMBAI: Family matters. If you are married and stay with your parents or siblings, you can double the quota of subsidized cooking gas cylinders to 12 from the government notified cap of 6 in a year. All you have to do is show a separate cooking platform or kitchen to avail of a second liquefied petroleum gas (LPG) connection. This should come as a big respite for those...
More »Single price for LPG, norms direct subsidy transfer soon
-The Business Standard A decision has been taken to gradually initiate Aadhaar and non-Aadhaar based LPG subsidy transfer through the OMCs Having capped subsidised LPG cylinder to six, the government plans to move to a single price for domestic LPG by directly transferring subsidy to consumers with or without Aadhaar number. A committee of officials from ministries of petroleum, banking, expenditure, finance and UIDAI will prepare a white paper on the modalities...
More »Non-Subsidized LPG refill at Rs 883, set to go up further- Piyush Pandey
-The Economic Times Housewives can expect tough times ahead maintaining household budgets as all indicators suggest that prices of non-subsidized domestic cooking gas cylinders are expected to go up till March, 2013, much before they exhaust their quota of another three subsidized cooking gas cylinders. This is because the price of domestic liquefied petroleum gas (LPG or cooking gas) has been linked to international gas prices which typically shoots up during the...
More »Kelkar panel for scrapping all subsidy; says no action will push FY13 fiscal deficit to 6.1%
-NDTV The Kelkar committee has said subsidies pose the greatest risk to the country's fiscal situation, while suggesting that the excise and service tax rates should be cut to 8% over the next few years. The panel calls for the need to step up disinvestment drive in state-run firms for fiscal consolidation. It says diesel should be deregulated by 2014 and all subsidy on cooking gas be cut by 2015. All subsidies must be...
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