<p>Judgment of the Calcutta High Court in the matter of Yeasin Molla & Others Vs Union of India & Others dated 12/09/2023.</p> <p>The petitioners are the ration card holders and members of Priority
2/3rd Plan Outlay Earmarked For Social Sector New Delhi: Petrol will cost Rs 1.26 less per litre, but CNG, which fuels public transport on Delhi’s roads, is set to get costlier by Rs 1.77 per kilogram.
Oil Minister says no dates fixed yet for meeting of ministerial panel to decide on rate revision Still battling the fallout of last week's steep Rs 7.54 a litre hike in petrol price, the government today said it is not considering raising rates of diesel, domestic gas (LPG) and kerosene for the moment. "We are not considering hike prices of diesel, domestic LPG and kerosene. It is out of question right now," Oil Minister S Jaipal Reddy told reporters after a meeting called by Finance Minister Pranab Mukherjee to discuss the impact of fuel price hike on inflation.
New Delhi State-owned fuel marketers IOC, HPCL and BPCL on Thursday ruled out an immediate rollback of the steepest petrol price increase of R7.5-R8 a litre from Thursday night but conceded that if the government instructs them to cut prices, they have no other go but to follow their majority shareholder. They also indicated that if petrol price falls in world markets or rupee strengthens against the dollar this fortnight, the resultant gain shall be passed on to the consumer by way of a price cut.
AHMEDABAD: International Finance Corporation (IFC), a member of the World Bank Group, is helping Ahmedabad-based Self-Employed Women's Association (SEWA) provide energy-efficient cook stoves and solar lanters to its members. IFC will provide a partial credit guarantee for a $5 million loan that an Indian private sector bank is providing to SEWA-sponsored Grassroots Trading Network for Women. Under the initiative, women from various villages in Gujarat will be provided a loan to buy the combination of stove and lantern, at Rs 2,800 and Rs 1,800 respectively.
Rates of diesel, LPG and kerosene left untouched The UPA-II, celebrating three years in office, gave the “common man” a gift on Wednesday: the steepest- ever increase of Rs. 7.54 in petrol prices. The increase is the first in the past six months. Petrol price in Delhi was increased by Rs. 7.54 a litre to Rs. 73.18 with effect from midnight Wednesday, the state-owned oil marketing companies said in separate, but identical, statements.
With rupee depreciation leading to jump in oil import bill, petroleum minister S. Jaipal Reddy on Tuesday said there is an immediate need to raise fuel prices, but refused to say when the hike will actually take place. “It (price increase) is very essential but (before hiking rates) we have to talk to political parties,” he told reporters here on way to Ashgabat for signing of the agreement for the Turkmenistan-Afghanistan-Pakistan-India pipeline.
Plans to use UID cards to reach out to beneficiaries, following successful pilot project in Alwar, Rajasthan The government said today that it planned to provide direct subsidy to beneficiaries of kerosene oil and a pilot project in this regard in Alwar district of Rajasthan was yielding good results. "Direct subsidy on kerosene is planned in future...We have to move towards it. It will be done using UID cards... We are benefiting from the pilot project," Minister of State for Petroleum and Natural Gas RPN Singh said in the Rajya Sabha.
Kerala State Industrial Enterprises (KSIE), a public sector unit, will tie up with the UN to spearhead a major drive aimed at reducing the State's carbon footprint. The idea is to get the State rid
India's state-run upstream oil firms will bear nearly 40 percent of the 1.38 trillion rupee ($25 billion) cost of retail fuel subsidies for the 2011/12 year, a government source said on Monday. Oil
Oil marketing companies have not revised petrol prices since December 1, 2011, despite sharp increase in international prices of petroleum products With losses on sale of petrol climbing to over Rs 7 a litre, state-owned oil firms have asked the government to either provide subsidy on the fuel or reduce excise duty. "The public sector oil marketing companies have not revised the price of petrol since December 1, 2011, in spite of sharp increase in international prices of petroleum products," Minister of State for Petroleum and Natural Gas RPN Singh told the Lok Sabha here today.
