-Outlook The cap on subsidised LPG has the UPA regime worried Something Cookin’ There’s definitely going to be a relook at the six-subsidised-cylinders cap Fear that LPG could cause a replay of the “onion impact” on 2014 polls Pressure from all parties for increasing number of subsidised cylinders Central government keen that states too share burden of extra cylinders But that could be tricky when discussing Centre-state revenue-sharing Cylinder Pricing Subsidised cylinders...
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Direct subsidy transfers for LPG, kerosene to cut fuel bill by Rs 15,000 crore -Rajeev Jayaswal
-The Economic Times The government plans to directly transfer money to the bank accounts of cooking gas customers even if they do not have Aadhaar identification. The rollout will start with a pilot project in Andaman and Nicobar Islands by April, and will be extended to the rest of the country in a year. The oil ministry will also seek Cabinet approval to end the sale of subsidised kerosene and proposes to transfer...
More »Why not levy 25% green tax on Diesel cars, Supreme Court asks -Dhananjay Mahapatra
-The Times of India The Supreme Court on Monday sought the Centre's response to a radical plea for collection of 25% of the cost of a Diesel car or SUV sold in the National Capital Region as green tax at the time of its purchase to deter people from buying more polluting personal vehicles and help fight the growing levels of pollution in Delhi. The court also sought the Union government's response...
More »Aid pours in for Kejriwal's Aam Aadmi Party on debut -Jayashree Nandi & Prerna Sodhi
-The Times of India After over a year of campaigning, dozens of protests and exposes against ministers, Arvind Kejriwal officially entered the political arena on Monday. Negating the perception that only big parties can draw hefty funds, the newly launched Aam Aadmi Party collected more than 1.10 crore on the day of the launch, with former law minister Shanti Bhushan alone donating Rs 1 crore. Day one also saw supporters pitching in...
More »Six-cylinder annual LPG cap under review: Veerappa Moily
-The Times of India The government is looking into demands for raising the six-cylinder annual cap on supply of subsidized cooking gas refills to each family, oil minister M Veerappa Moily told the Lok Sabha in a written reply on Friday. Separately, minister of state for petroleum Panabaaka Lakshmi told the House that state-run fuel retailers have issued more than 10 lakh new cooking gas connections since the government capped the supply...
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