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 …
HC asked it to pay Rs 10,000 cr in past royalty dues ONGC Oil and Natural Gas Corp (ONGC) today said it would appeal in the Supreme Court against a Gujarat High Court order asking it to pay Rs 10,000 crore in past royalty dues, saying it cannot pay the …
Suggests immediate raise by Rs 4 to 5 a litre for the fuel; report likely to be submitted on Wednesday Diesel prices should be immediately raised by Rs 4-5 a litre, the Kirit Parikh Committee has recommended, while favouring continuation of the existing pricing principles for controlled petroleum products. The …
The country needs a financial model that can give the poor access to expensive power We were standing in the only street of a small village called Mohda. Located in the forested region of Chhattisgarh, the village had no access to roads and markets. The women of the village surrounded …
This Expert Group was set up by the Ministry of Petroleum & Natural Gas on 12th June 2013. The group has studied the current pricing mechanism for regulated petroleum products, explored various other alternatives for pricing including Export Parity Price (EPP) and made recommendations for a suitable pricing mechanism. The …
Autorickshaw drivers using adulterated petrol have only five days to take corrective steps or else they run the risk of having their vehicles impounded and their registration cancelled. In a meeting held on Monday, the district supply officials and the city traffic police have decided to launch a special drive …
State govt has sent proposal to Centre, seeking to give LPG connection to all cardholders who currently use kerosene In an effort to make the state capital Bangalore a "kerosene-free" city, the Karnataka government has sent a proposal to the Centre, seeking to give LPG connection to all cardholders who …
The Supreme Court on Tuesday issued notice to the Centre on the Tamil Nadu government’s writ petition challenging the Centre’s decision to reduce allocation of kerosene to the State by 55 per cent from June 2011, from 65,140 kilo litres to 29,060 KL. A three-judge Bench of Chief Justice Altamas …
The green cess, the bill for which was passed in the just-concluded legislative assembly, is expected to contribute between 100 crore to 120 crore to the treasury annually, official sources said. Officially titled the Goa Cess on Products and Substances Causing Pollution (Green Cess) Bill, 2013, the bill will levy …
Globally, solid fuels are used by about 3 billion people for cooking. These fuels have been associated with many health effects, including acute lower respiratory infection (ALRI) in young children. Nepal has a high prevalence of use of biomass for cooking and heating. This case–control study was conducted among a …
Prime minister's office wants OMCs to bear credit subsidy for remaining 8 subsidised units on reimbursement basis Even as the Centre is accelerating the Direct Benefits Transfer (DBT) scheme for subsidised LPG cylinders, oil marketing companies are unlikely to benefit much from it. This is because the Prime Minister's Office …
India’s energy consumption has risen at a compounded annual growth rate of 5.96% in the last three decades even while GDP has grown by 5.7%, pointing to need for fuel price reforms and securing more of the hydrocarbon from domestic sources. According to the Energy Statistics report for 2013 prepared …
Unable to cope fully with steadily climbing world oil prices since mid-2009, many of the 65 countries reviewed in this paper have progressed slowly or even reversed course in reforming pricing of petroleum products. End-user prices in July 2012 varied by two orders of magnitude across the countries. More than …
Current policies on containing air pollution, particularly in cities, are regressive Our health is not on anybody's agenda. Or we just don't seem to make the connections between the growing burden of disease and the deteriorating condition of our environment. We don't really believe science, which tells us each passing …
Energy NGO Teri has revolutionised 500,000 lives through a scheme that uses solar LED lanterns to provide cheap power More than 2,000 villages have been provided with 'charging stations', each offering 50 or so solar LED lanterns. Photograph: Ahona Datta Gupta India's rush for industrialisation may be stymied by a …
Oil-marketing companies (OMCs) have decided to increase petrol prices by Rs 1.40 per litre with effect from Friday midnight. With this, petrol price in Delhi would be Rs 70.46 a litre now. The last price hike was on February 16. Between then and now, international petrol prices rose from $128.57 …
While notoriously inefficient, fuel subsidies are widespread, and in many cases politically stable. This paper discusses and models various political economy aspects of fuel subsidies, focusing on gasoline and kerosene. Both economic and political are considered to explain differences in subsidies, with particular focus on democratic and autocratic governments. A …
Banking on the phased deregulation of diesel pricing, the government proposes to cap subsidy on this fuel at R6 per litre in 2013-14 to insulate itself from volatility in global crude oil prices which could potentially upset its fiscal math. The average under-recovery on diesel this fiscal is estimated to …
Fuel prices are back on the boil. Oil marketing companies on Friday increased petrol price by Rs.1.50 a litre and diesel by 45 paise a litre. This is the second straight month where oil marketing firms have raised diesel price to bring down the under-recovery. The government has allowed them …
The government will pay Rs 25,000 crore additional cash subsidy to state-owned fuel retailers to make up for part of the revenue they lost on selling auto and cooking fuel below cost this fiscal. The Finance Ministry on February 7 issued a "comfort letter" to Indian Oil Corp (IOC), Bharat …
New Delhi: Fearing oil refineries will be hit hard by the Finance Ministry's move to change the way petrol and diesel are priced, Oil Minister M Veerappa Moily has asked Prime Minister Manmohan Singh to constitute an expert committee to decide on the issue. The Finance Ministry has informed the …
