Every family below poverty line may get over Rs 400 per month from the government from April next year in lieu of fuel subsidy for kerosene and liquefied petroleum gas cylinders as part of India's first direct cash transfer scheme. The move, which is expected to be considered by Empowered Group of Ministers (EGoM) on June 9, is aimed at checking use of kerosene for fuel adulteration and reduce financial...
More »SEARCH RESULT
Total Matching Records found : 536
Food ministry seeks delay in ethanol blending plan by Prabha Jagannathan
The food ministry is set to oppose the mandatory 5% ethanol blending programme, fearing diversion of foodgrain for manufacture of ethanol. The ministry has called for the report of the expert panel headed by Planning Commission member Saumitra Chaudhuri in order to "review" the programme. The petroleum ministry was expected to soon send the report to the Cabinet Committee on Economic Affairs for a final decision after factoring in the dissent notes...
More »Price of delay
-The Business Standard Union finance minister Pranab Mukherjee was being economical with the truth when he said that last Saturday’s petrol price hike decision was entirely that of oil marketing companies (OMCs). True, the government correctly but belatedly deregulated petrol pricing several months ago, but it is clear that despite a sharp increase in global crude oil prices in the past six months, the OMCs restrained themselves from increasing domestic...
More »Centre has no say in oil prices, says FM
-The Telegraph The Trinamul Congress was silent on the petrol price hike for the second day, its leaders only saying that Mamata Banerjee would speak on the issue. While Trinamul is still working on its response to the Rs 5 rise that the Left has pounced on to attack the UPA government, of which the party is a key member, finance minister Pranab Mukherjee today said the Centre could not be...
More »petrol price hike unwarranted: AIDWA
-The Hindu The All-India Democratic Women's Association (AIDWA) has condemned the latest increase in the price of petrol by Rs.5 a litre. “The increase is unwarranted, particularly because international prices of oil had shown a declining trend in recent weeks. This is indeed a post-election gift to people from the UPA government,” a statement issued by AIDWA said on Monday. “For the common people, who were reeling under relentless price rise for...
More »
