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 …
The government today informed Parliament that the process to implement direct transfer of cash subsidy on kerosene sold through public distribution system (PDS) has been initiated in 11 identified states and Union territories. In written reply to a question in the Rajya Sabha, Minister of State for Finance Namo Narain …
This article critically evaluates the government's pricing policy for petroleum products in India. It looks carefully at the notion of "under-recoveries" oil companies and attempts to compare it with their profi ts under an alternative pricing regime. It concludes that under the suggested pricing structure the surplus generated in the …
Mumbai In what could be a festival gift for consumers from oil marketing companies, the price of petrol has been reduced by 95 paise per litre effective Friday. But the relief may be shortlived as state-owned retail entities have expressed concern over the “significant” volatility in dollar-rupee exchange rate that …
IOC, the largest fuel retailer, will receive a government subsidy of about 161 billion rupees India will pay 300 billion rupees to state-owned fuel retailers forced to sell at cheaper government-set rates in the first half of the year, said three sources who saw the finance ministry's confirmation letter. The …
The Delhi Government on Wednesday decided to provide a free LPG cylinder for the first time to beneficiaries under “Kerosene-free Delhi” scheme and to subsidise three additional cylinders for all 356,395 beneficiaries under the scheme. Under the scheme, which was approved by the Cabinet on June 26 and which would …
This study’s main aim was to observe tribal household energy habits and determine their relationship to subsequent greenhouse gas emissions. It attempted to classify emissions based upon household economic and compositional factors and analysed five emission sources, including cooking/boiling, lighting, machinery, wasteburning and religious activities. Furthermore, it developed two data …
As part of its modernisation drive, Hindustan Petroleum Corporation Ltd (HPCL) has constructed a Rs.330-crore greenfield oil terminal at Ennore. This will not only enable it to move petroleum products from Ennore Port to its terminal seamlessly through dedicated pipelines, but also decongest the Tondiarpet area in north Chennai. The …
Ruling out any further hike in the prices of diesel and domestic LPG, Petroleum and Natural Gas Minister Jaipal Reddy said on Tuesday he was wary of applying another round of price hike though the current retail rates were lower than the cost of production. The oil marketing companies (OMCs) …
IndianOil, Bharat Petroleum and Hindustan Petroleum have incurred a loss of Rs 2,600 cr on sale of petrol during Apr-Sep period IndianOil, the biggest oil marketing company, has cut petrol prices by Rs 0.56 a litre, with effect from midnight on Monday The other oil marketing majors — Bharat Petroleum …
New Delhi Petrol price may be cut by about Rs 1.60 per litre later this month as appreciation of rupee against the US dollar has helped state firms make profit on the fuel. Indian rupee appreciated to five-month high since the government announced allowing foreign direct investment (FDI) in multi-brand …
Global kerosene and LPG prices divergent to those of diesel, petrol and ATF In the first price revision after the government capped the number of subsidised cylinders for consumers, domestic liquefied petroleum gas (LPG) has become nearly 17 per cent dearer, thanks to firm international prices. From October 1, the …
A United Nations initiative to provide sustainable energy for the 1.6 billion people without power may reach as many as 300 million in three years, said Kandeh Yumkella, who is leading the effort. “There are some areas, such as Ghana and Kenya, that are primed for action and the money …
The Delhi government gave some relief to the people living below poverty line from the Centre’s decision of curtailing number of subsidised LPG cylinder. The city government on Monday decided to provide nine subsidised LPG cylinders instead of six to the BPL people of the city. The decision was taken …
IOC has been pleading with the government to move petrol back to a controlled regime After two months of losses, oil marketing companies (OMCs) have started making profits on sale of petrol, thanks to the softening global price and an excise cut announced by the government last week. The OMCs …
The Delhi Cabinet on Monday decided to provide to 3.56 lakh poor families covered under the recently-launched Kerosene-Free Dilli Scheme three more LPG cylinders per annum at subsidised rates to soften the blow of the Centre’s recent decision to limit the subsidy on domestic cooking gas to just six cylinders …
The two moves to cut OMCs' underrecovery by Rs 20,300 cr this year In the second major oil sector reform after petrol decontrol of June 2010, the government on Thursday capped subsidised domestic liquefied petroleum gas (LPG) for a consumer to six per year. For a consumer using 12 LPG …
New Delhi Consumers may have to brace for steep hikes in the prices of petroleum products such as diesel, kerosene, cooking gas and petrol after Parliament’s monsoon session ends on September 7. Sources say the petroleum ministry has moved a Cabinet note proposing a hike of R5 per litre in …
Chief Minister Sheila Dikshit on Tuesday intervened in the Delhi assembly discussion on public distribution system during Question Hour and noted that her government agreed with the Opposition that there was corruption in the system and therefore it was “looking for ways to provide ration and cash transfers to the …
In a step that is likely to hit consumers further, the Petroleum and Natural Gas Ministry has moved the Cabinet for a hike in prices of diesel, LPG cylinders and kerosene. The Cabinet will also discuss putting a cap on number of subsidised cylinders for each household up to a …
Consumers may have to brace for steep hikes in the prices of petroleum products such as diesel, kerosene, cooking gas and petrol after Parliament’s monsoon session ends on September 7. Sources said that the petroleum ministry has moved a Cabinet note proposing a hike of Rs 5 per litre in …
