-The Hindu Financial burden has to be assessed before scheme is extended to higher income groups: Chandy Consequent on the Congress party’s core committee recommendation to raise the number of subsidised LPG cylinders from six to nine a year, the Kerala government on Wednesday announced that the additional three subsidised cylinders would be targeted at the BPL (below the poverty line) category on the basis of the consumption pattern in 2011-12. Addressing a...
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Accounts of PSU oil companies under scrutiny -Siddharth
-The Times of India The finance ministry has ordered a scrutiny of the books of oil marketing companies to see if the under-recoveries stated by them are in order or not. The move was initiated at the behest of finance minister P Chidamabram, who asked his officers to look into the issue even before Diesel prices were raised and a cap on subsidized cooking gas cylinders was announced last week. The exercise...
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 »Government likely to raise LPG cap from six to 10 cylinders: sources
-CNN-IBN The Centre is considering a partial rollback of the cap on subsidised LPG. It is considering raising the limit on the number of subsidised LPG cylinders from six to ten cylinders per household per year, say sources. A section of the Congress and its allies - the Trinamool Congress, NCP and DMK have been demanding a rollback of the cap on LPG cylinders. Sources say Finance Minister P Chidambaram and Petroleum Minister...
More »Food Minister KV Thomas writes to PM against LPG cap, Diesel price hike
-CNN-IBN Food Minister KV Thomas has written to Prime Minister Manmohan Singh against LPG cap and Diesel price hike. “The decision to raise Diesel price as well as to keep number of subsidised cooking cylinder at six a year will not go well with the middle class,” he said in the letter. He said the government should charge only Rs 50 extra for consumers seeking between 7 to 12 LPG cylinders per household...
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