Decontrol

  • Food Ministry notifies CCEA decision on sugar decontrol May 8, 2013

    New Delhi: The Food Ministry has notified the the Cabinet Committee on Economic Affairs (CCEA) decision to partially decontrol the sugar sector. The Food Ministry has issued a gazette notification withdrawing the control over sugar industry through Essential Commodities Act and Sugar Control Order, sources said. On April 4,...
  • Government decontrols sugar, hike in price likely April 4, 2013

    New Delhi: In what could be seen as a significant concession to the powerful sugar lobby, the government on Thursday cleared the decontrol of the product. The move will likely raise the sugar prices as decontrol means that the manufacturers of the product will now get to decide on the...
  • Digvijay Singh defends diesel price decontrol January 19, 2013

    New Delhi: The government had no alternative but to decontrol the diesel prices as the country can "ill-afford" the economic crisis several European nations are going through, Congress leader Digvijay Singh said on Saturday. "In the wake of burgeoning oil subsidy, the government was forced to go in for the...
  • Oil cos have liberty to make small changes in diesel prices: Moily January 17, 2013

    New Delhi: The government on Thursday took the first step towards diesel decontrol and allowed the oil companies to raise prices from time to time, but kept the mechanism to be followed unclear. While speaking to IBN18 Editor-in-Chief Rajdeep Sardesai, Union Petroleum and Natural Gas Minister Veerappa Moily said that...
  • FICCI moots idea of decontrolling diesel prices July 8, 2012

    Chennai: Observing that the country's rising fiscal deficit was due to import of oil products, industry body FICCI on Sunday mooted the idea of decontrolling diesel prices or the government consider imposing higher duty on imported diesel cars. "Government should now think of decontrolling the price of diesel...", FICCI President Rajya...