-Hindustan Times In the last few days, fuel prices have touched record highs, with petrol costing Rs 76.87 per litre in Delhi and diesel Rs 68.08 a litre. In the last nine days, the price of petrol has risen by Rs 2.24 and diesel by Rs 2.15. New Delhi: Fuel prices are likely to be slashed by Rs 2 to Rs 4 in the next few days and a decision will...
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An open letter to Finance Ministers -TM Thomas Isaac
-The Hindu Political alignments should not come in the way of defending the fiscal rights of States My fellow Finance Ministers in the States, I hope you will agree that the award of the Finance Commission is vital to State finances. Some of us who met initially at Thiruvananthapuram, Kerala, and later at Amaravati, Andhra Pradesh, are worried about the implications of the terms of reference (ToR) of the Finance Commission...
More »Petrol price hit highest level, diesel at record high
-PTI Petrol price today hit ?74.40 a litre — the highest level under the BJP-led government, while diesel rates touched a record high of ?65.65, renewing calls for cut in excise duty to ease burden on consumers. State-owned oil firms, which have been since June last year revising auto fuel prices daily, on Sunday raised petrol and diesel rates by 19 paisa per litre each in Delhi, according to a price notification. The...
More »Not in favour of farm loan waiver: Govt informs parliament
-PTI The government is not in favour of farm loan waiver as it negatively impacts credit and recovery climate and has systematic consequences New Delhi: The government is not in favour of farm loan waiver as it negatively impacts credit and recovery climate, parliament was informed on Tuesday. However, several measures have been initiated to reduce the debt burden on farmers and increase availability of institutional credit, minister of state for agriculture Gajendra...
More »It is time for Arun Jaitley to put money behind last year's Budget promises for healthcare -Indranil Mukhopadhyay
-Scroll.in To spend 2.5% of GDP on healthcare by 2025, the centre and state governments must increase healthcare allocation by 24% over the same period of time. Healthcare needs continue to cause financial hardship to people across India. The National Health Accounts 2014-’15 report reveals that more than two-thirds of total spending on health (67%) is household out-of-pocket expenditure. The report tracks how much money is spent on health and how money...
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