-The Business Standard So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy Taking the next step in liquefied petroleum gas (LPG) pricing reforms, the National Democratic Alliance (NDA) government has decided to cap the subsidy on domestic gas cylinders. So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy. Union Petroleum Minister Dharmendra Pradhan told Business Standard a...
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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
More »BPL ration card holders to get LPG connection for free -Raghava M
-The Hindu Mangalore (Karnataka): The Department of Food and Civil Supplies is going ahead with its initiative to provide clean and safe cooking fuel to the poor. All districts have been told to push for providing liquefied petroleum gas (LPG) connection to below the poverty line (BPL) ration card holders for free. Department Commissioner Harsh Gupta told The Hindu that field-level reports had shown that there was preference for LPG connection. But...
More »The fast food bomb -Vandana Prasad
-The Hindu Obesity among children due to rampant consumption of junk food has reached epidemic proportions. With India already in the grip of this dangerous global trend, the government needs to remove its blinkers on the processed food industry One of the first declarations of the newly elected government in June was a proposal to ban unhealthy or junk food (defined as food high on fat, sugar and salt) in school...
More »How Much Can We Forgo To India Inc? -P Sainath
-Outlook India To the social subsidy whiners, please check corporate write-offs column The TV anchor asked eagerly of Arun Jaitley whether he would take hard decisions or, in the case of a bad drought, revert to loan waivers and (obviously wasteful) subsidies. The finance minister replied that it depended on the situation as it unfolded but he hoped he wouldn't have to return to such steps. "We hope so too," said...
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