-The Times of India With finance minister P Chidambaram recently declaring at a full Planning Commission meeting that cash transfers may replace subsidies for food, fertilizers and fuel by the end of the 12th five-year Plan, the controversial proposal has again taken centre stage. A recently concluded pilot project which substituted ration cards with Rs 1,000 transferred monthly to families throws light on the pros and cons of the scheme. The study...
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Govt cushions impact of subsidy waiver of LPG
-The Times of India In a relief to consumers, the home minister P Chidambaram on Friday announced abolishment the import and excise duties on non-subsidized domestic LPG cylinders, bringing down their price by Rs 97 a unit in Delhi. It also asked states to subsidize LPG cylinders. The government had last week restricted supply of subsidized cooking gas to six per household in a year. Any requirement beyond this was to be...
More »Govt mulls tweaking LPG cylinder cap from 6 to 9
-The Indian Express The government may consider “minor adjustments” on the LPG cylinder cap in the wake of pressure from within the Congress and Trinamool Congress's decision to withdraw support to the UPA. Sources said while there is no question of rollback of the government's decision to put a cap on the number of subsidized cylinders, the government was ready for minor adjustments on it and can increase the total number of...
More »Price of diesel hiked by Rs 5, Subsidized LPG restricted to 6 cylinders a year per family
-The Times of India The government on Thursday approved a steep hike on diesel price in a politically risky move to rein in the fiscal deficit. The cabinet committee on political affairs approved the hike in a meeting at the Prime Minister's residence. The price of diesel is hiked by Rs 5. However, the price of PDS kerosene and petrol were left unchanged. The panel also restricted the number of Subsidized LPG...
More »Delhi to become first kerosene-free city
-ANI Delhi is set to become the first kerosene-free city in the country with the government all geared up to launch an ambitious scheme on Tuesday under which 3.56 lakh households will get LPG cylinder and a gas stove free Delhi Chief Minister Sheila Dikshit will distribute the cylinders and stove to 200 beneficiaries. All the families covered under Below Poverty Line (BPL), Antyodaya Anna Yojna (AAY) and Jhuggi Ration Card (JRC) schemes...
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