Inclusive of the July hike of 25 paise, a monthly increase of similar amount would result in a saving of Rs 2.25 a litre for the current financial year alone.
The central government on Thursday ruled out the restructuring of the Food Corporation of India and instead asked the states to remove the shortcomings in the public distribution system.\n\n
Indian Oil Corporation, the country's largest oil firm, has sought an increase in price of domestic cooking gas LPG by over Rs 103 per cylinder and PDS kerosene by Rs 7.5 a litre, in view of rise in cost of raw material.
The Bharatiya Janata Party has submitted a "chargesheet" to President Pranab Mukherjee demanding the ouster of Himachal Pradesh Chief Minister Virbhadra Singh over graft allegations.
Output, consumption estimates further revised downwards; debt restructuring for mills possible.
The staggered increase in kerosene rate may not have the same impact of freeing up the fuel price as for diesel.
State-owned gas utility GAIL India Ltd on Thursday reported a 70 per cent jump in its net profit at Rs 774 crore (Rs 7.74 billion) in second quarter ended September 30, 2005.
Adolfo Miranda scored the all-important goal of the match at a rain-soaked Jawaharlal Nehru Stadium.
The last journey of the five jawans martyred in the attack by Pakistan soldiers began in the evening from Poonch town with Army officers laying wreaths on their caskets.
Supporting the food security ordinance, Bihar Chief Minister Nitish Kumar said his government is taking steps for its implementation but felt bringing it after discussion in Parliament would have been a better option.
LPG rates were last hiked on November 1 by Rs 2.05 per cylinder. Prior to that rate was hiked on October 28 by Rs 1.5 per cylinder on account of hike in commission paid to dealers.
Most key rabi-producing states of north India, such as Madhya Pradesh and Rajasthan, have staggered their procurement to enable farmers to come in batches, so that there is no overcrowding. The Centre has also set up a call centre to coordinate the inter-state movement of farm commodities.
Domestic LPG prices may go up by Rs 22-25 per cylinder this week as oil companies push for a hike in retail selling price in view of Budget 2003-04 lowering subsidy provision for cooking gas and PDS kerosene.
The 21-day coronavirus lockdown in force since Wednesday has triggered a mass exodus of migrant workers across the country since the last few days.
'There is no money with the villagers as there is little work.'
'Right now, politics is operating in a state of suspended animation. That works to Modi's advantage.'
It is likely the government will divide the country into different zones during the proposed extended period of lockdown and might permit a few services to function in safe zones.
The price of subsidised cooking gas was on Tuesday hiked by over Rs 2 per cylinder, the sixth increase in rates in five months, while that of jet fuel was raised by a steep 7.3 per cent in step with global trends.
"We would like to challenge this government for a debate at any time and any place of their choosing on the 2 years of NDA-BJP Government", party spokesman Manish Tewari told media persons targetting the government over its record in governance.
Congress leader Rahul Gandhi on Saturday termed Food Security Bill a "historic legislation" and asked party leaders to publicise its importance to masses as they gear up for elections scheduled early next year.
While the motives of the Bill are of course laudable, there is every likelihood that the consequences of its passage will be dire.
A subsidised 14.2-kg cylinder will now cost Rs 425.06 in Delhi as against Rs 423.09 previously, according to State-owned oil firms
The government does not seem inclined, at least in the petroleum sector, to effect sudden and steep upward price revisions to tame its huge subsidy burden and rein in fiscal deficit.
Some say the MPC will raise the rate, while others are of the view that there is already de facto interest rate tightening through rising bond yields, which might prompt the central bank to go for a pause.
'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
The integration of BrahMos with the Su-30MKI make the Indian Air Force the only air force in the world in procession of a supersonic cruise missile system.
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Can the leaky public distribution system, or PDS, deliver the subsidised grain to two-thirds of the population?
Announcing MSP at an elevated level will not be enough. Growers must be able to procure inputs, such as quality seeds, plant nutrients and irrigation water at reasonable prices, says Kunal Bose.
'For now, the AAP is the conversation,' Lord Meghnad Desai tells Rediff.com's Sanchari Bhattacharya. 'Everyone is talking about the 'Delhi model'. They have made so much difference. They have changed politics.'
Worried about the adverse impact that price rise could cause to Congress' prospects in Lok Sabha polls, Rahul Gandhi unveiled quick fix policy prescriptions for 12 party-ruled states including reform in PDS and giving farmers a wider choice to sell vegetables and fruits.
Cereals like millets can help alleviate malnutrition and improve public health, reports Surinder Sud.
80% of beneficiaries in 300 districts to be linked with direct benefits transfer
The Delhi Bharatiya Janata Party on Saturday termed as misleading the announcement of implementation of food security scheme by the city government and said it will meet the same fate as other schemes like Rajiv Ratna Awas yojna, Annashri yojna and Antyodaya yojna.
Paswan said his Ministry has acquired 55,000 tonnes of pulses.
Prices of petrol were reduced 32 times and increased 21 times while diesel prices were slashed 19 times and raised 28 times since 2013.
'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.
The idea that every citizen in this country is to be numbered is the primary thing in the project.
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