-Scroll.in Dealers claimed that government-run oil firms are threatening to block supplies if the information is not provided. The Ministry of Petroleum and Natural Gas has asked 10 lakh employees at petrol pumps across the country for personal details like their caste, religion and which constituency they are from, NDTV reported on Tuesday. The information is ostensibly meant for a skill development programme, but dealers have threatened legal action, claiming that...
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CBI to probe Vedanta head over PSU selloff
-The Times of India NEW DELHI: Launching a probe in a deal done during NDA regime, the Central Bureau of Investigation (CBI) has registered a preliminary enquiry against Vedanta Group chairman Anil Agarwal and unknown officials in connection with alleged irregularities in the disinvestment of Hindustan Zinc Ltd (HZL). Agency suspects that the loss caused to the exchequer due to the alleged irregularities runs into hundreds of crores of rupees due...
More »A claim to shame -Sitaram Yechury
-The Hindustan Times In response to the widespread protests and the nation-wide hartal last Thursday, Prime Minister Manmohan Singh addressed the nation on Friday and tried to explain why these decisions had become inevitable. The thrust of his argument was, “We need a revival in investor confidence, domestically and globally.” For this, the current high fiscal deficit must be contained and, hence, the hike in the prices of diesel and cap on...
More »File affidavit on PIL against petrol hike, HC directs Centre
-The Indian Express The Bombay High Court today directed Centre, Petroleum Ministry and Finance Ministry to file an affidavit by June 20 in response to a petition that claimed the recent petrol price hike was "illegal" as it lacked Parliament's approval and violated the Constitution. A bench of Justices R Y Ganoo and N M Jamdar ordered the respondents to file an affidavit explaining their stand on increasing the price of petrol. Apart...
More »Are you paying to keep oil firms profitable?-Anupama Airy
Amid protests over India's steepest-ever petrol price hike last week, many are now beginning to ask the question: Is the government milking the common man to keep its oil companies profitable? Consider these: Each time, you fill your car with a litre of petrol in Delhi, the Centre gets richer by Rs. 14.78 and state government earns another Rs. 12.20. In 2010-11 ( the latest figures available), the Centre and state governments...
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