Kerosene

Judgment of the Calcutta High Court regarding kerosene oil pricing, 12/09/2023

Judgment of the Calcutta High Court in the matter of Yeasin Molla & Others Vs Union of India & Others dated 12/09/2023. The petitioners are the ration card holders and members of Priority Household under the National Food Security Act, 2015. In the instant writ petition the petitioners have challenged …

India cookstoves and fuels market assessment

The report indicates that two-thirds of Indian families, or 166 million households, still use solid fuel traditional stoves and will continue to do so over the next decade, leading to 875,000 premature and avoidable deaths annually from indoor air pollution. It also notes that more widespread uptake of clean cookstoves …

Now poor to get 12 subsidised LPG cylinders a year in Delhi

The Delhi Cabinet on Monday decided to increase the number of subsidised LPG cylinders for the beneficiaries of the kerosene-free scheme from nine to twelve in a financial year. At the meeting chaired by Chief Minister Sheila Dikshit, it was stated that since the Centre has decided to increase the …

Oil & Gas reforms on front burner

New Delhi: Free-market diesel price in 24 mths; only LPG, kerosene to get subsidy The UPA government is going the whole hog on its plan to move towards fully market-determined pricing of diesel, which accounts for 60% of this year’s estimated fuel subsidy bill of R1.7 lakh crore. “In 24 …

Oil firms allowed to fix diesel price subsidised LPG cap raised

Govt has permitted oil companies to increase diesel price by 45 paise a month Bulk consumers will have to pay market price, to be revised every fortnight; Consumers would get nine subsidised cooking gas cylinders a year, instead of six at present Unwilling to announce a hike in diesel price, …

Raising diesel, gas, kerosene prices, LPG cap on Cabinet agenda today

The cabinet meeting on Thursday is set to consider the petroleum ministry’s proposals to increase diesel, cooking gas and kerosene prices, a move the government aims to partly offset by raising the ceiling on the number of subsidized LPG cylinders. If approved, the new prices will take effect from midnight …

12-cylinder carrot to lure support for fuel price hike

In a bid to neutralise political opposition to planned fuel price hikes, the government is considering a two-step process: First, allow up to 12 subsidised domestic gas cylinders per year from the currently proposed nine and later, raise prices of LPG and diesel in a phased manner. Sources told FE …

150 BPL families get LPG cylinders, gas stoves

Delhi set to become first kerosene-free state With the distribution of filled liquefied petroleum gas (LPG) cylinders in the Rajinder Nagar assembly constituency, the government has begun the process of making Delhi a kerosene-free state. The constituency is represented by the Transport Minister, Ramakant Goswami. A few years ago, the …

Oilmin seeks hike of R4.50/L for diesel and R100 for LPG

The oil ministry has proposed a hike of R3-4.50 per litre in diesel price and R100 per cylinder in LPG rates, along with raising the number of subsidised cooking gas cylinders for households to nine a year from the current cap of six. The ministry has moved a note for …

Petroleum Ministry presses for fuel price hike to wipe out subsidy

Pressing ahead with the Kelkar Committee recommendations and grappling with massive under-recoveries, the Petroleum and Natural Gas Ministry has initiated a Cabinet note to raise the cap on subsidised LPG supply from six to nine cylinders a household a year, and increase diesel, LPG and kerosene prices in phases. As …

Rangarajan for quick action to prune diesel subsidy

The Central Government should act quickly to raise diesel rates to bring them in line with global prices in order to reduce its subsidy bill, Prime Minister’s Economic Advisory Council Chairman C. Ranagarajan has said. “I think we need to cut subsidies’ proportion of GDP... Therefore, there is an imperative …

Diesel price hike will be positive for markets, say analysts

Analysts say any increase in diesel and kerosene prices will be positive for market sentiment. The petroleum ministry is considering a proposal to gradually hike diesel prices by Rs 1 per litre every month for the next 10-15 months to deregulate retail prices eventually, based on the recommendations of the …

Full export parity price for petro products likely

Finmin aims to make substantial savings in oil subsidy payouts Alarmed by the R1.7-lakh-crore oil subsidy demand for this fiscal, the finance ministry has decided to revisit a suggestion made by expert committees in the past: Work out the subsidy entitlement of oil marketing companies (OMCs) according to 100% export-parity …

Diesel, LPG prices may go up soon

Diesel, kerosene and cooking gas prices could be raised soon while the government might separately take up a proposal to raise the cap on supply of subsidised LPG cylinders. The government may take a look at raising the cap on supply of subsidised LPG cylinders to 9 per household in …

Govt considers Kelkar report; diesel, LPG rates may rise soon

Diesel, kerosene and cooking gas LPG prices may be hiked soon as the government considers Vijay Kelkar committee recommendations on cutting fiscal deficit. The Kelkar committee, which was appointed by the finance ministry to suggest a roadmap for fiscal consolidation, has suggested immediate hike in fuel prices and complete deregulation …

Ministry proposes to hike diesel prices by less than a rupee/month, reduce subsidy & raise cap on cylinders

The oil ministry has moved two separate cabinet notes - one to raise cap on supply of subsidised cooking gas cylinders and the other to increase fuel prices, particularly diesel, by less than a rupee per month to pair it with market rates and eventually deregulate it in next 15 …

Public distribution system and other sources of household consumption

The NSS consumer expenditure survey (CES) aims at generating estimates of average household monthly per capita consumer expenditure (MPCE), its distribution over households and persons, and its break-up by commodity group, at national and State/UT level, and for different socio-economic groups. This report covers a few aspects of household consumption …

Rs 10/litre hike in diesel, kerosene if OilMin proposal okayed

Hike being mulled as govt scrambles to find ways to meet Rs 1,60,000 cr deficit expected this fiscal on selling diesel, LPG and kerosene below production cost Diesel prices may be hiked by Rs 10 per litre over a 10-month period and kerosene rates increased by same quantum over the …

This bulb glows on gravity power

A British company has developed new ‘incredible’ light bulbs which are powered by gravity, for free distribution to communities in India and Africa who do not have reliable access to electricity. The ‘GravityLight’ uses a sack of sand to gradually pull a piece of rope through a dynamo mechanism which …

Want wheat? Then buy costly kerosene

Adding fuel to fire, people haven’t received subsidy Mahipal Singh Yadav (31) is a contractual junior manager at the Kotkasim Gram Sewa Sahakari Samiti. Joining the cooperative, he had hoped, would be like any other job. However, since the direct cash transfer of kerosene subsidies scheme was piloted here, Mr. …

Scrap ‘Cash for Kerosene’ scheme, demand activists

The pilot project at Kotkasim, Rajasthan has revealed loopholes, they say Sampat Rai is a resident of the Kotkasim block of Rajasthan’s Alwar district, where the Cash for Kerosene Scheme (CFKS), an experiment with cash payment of kerosene subsidies, was launched last year on a pilot basis. Mr. Rai is …

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