There are allegations that there is rampant corruption in the cooking gas distribution in Kozhikode district. Despite the complaints registered against those agencies that resort to corrupt practices, no action has been initiated against them.
A month after the government put a cap on subsidised cylinders, rumours are rife that the government is considering a rollback. On Thursday night, the government had retracted within hours its decision to increase non-subsidised LPG cost by Rs 26.50. With elec...
After the Centre's announcement of a Rs 26.50 increase in the non-subsidised LPG created an outraged uproar across the country, the decision was put on hold till the next review meet. The announcement gave Opposition parties such as the BJP and the CPI(M) more...
Congress President Sonia Gandhi has assured that she will direct Prime Minister Manmohan Singh to look into the issue of the cap on LPG cylinders. A panel headed by Union Minister of State KV Thomas and Kochi Mayor Tony Chammany met the Congress chairperson ye...
In its report on the road map to fiscal consolidation, the three-member Kelkar committee has said subsidies pose the greatest risk to the country's fiscal situation and has suggested that diesel be deregulated by 2014 and all subsidy on cooking gas be cut by 2...
First was the removal of subsidy on LPG after the restriction of six cylinders per consumer. And now comes the new rules and restrictions form the gas companies. These new regulations for obtaining a new domestic LPG gas connection are so restrictive, that you...
The limit of the six cylinders imposed by the UPA government in the number of LPG cylinders that a consumer can get at subsidised rates has drawn the angriest reaction from housewives. How did the government decide a family needs just about six cylinders for o...
The in-principle agreement of the Government to make diesel prices market-determined will present further woes for the common man who is already burdened by inflation.
Jewellers' agree to call off their nation-wide strike against the 1% excise duty, proposed in the budget, on unbranded jewellery, after Finance Minister Pranab Mukherjee assures a rollback in duty hike.
Jewellers' agree to call off their nation-wide strike against the 1% excise duty, proposed in the budget, on unbranded jewellery, after Finance Minister Pranab Mukherjee assures a rollback in duty hike.
Railway Minister Dinesh Trivedi says that he will not run away from responsibility and that he wants to see his Railway Budget being passed by the Parliament.
Finance Minister Pranab Mukherjee defends his budget by saying that 'reform' is not a mere mantra to be chanted, but instead should be implemented in adequate measure.
Budget 2012 draws strong reactions against subsidies and entitlements with several parties accusing the budget of not being friendly to the 'common man'.
The Union Budget 2012-13 is not tough enough on subsidies and it will be diificult to bring the fiscal deficit down to 5.1 per cent, says ET's Swaminathan Aiyer.
While food subsidies and funds for the Food Security Act will be fully provided for, other subsidies could be cut down if they compromise the macro-economic fundamentals.
With the Economic Survey stating that 'democratic politics' have slowed down growth in the country, there is pressure on the government to push for reforms in the budget.