Kelkar Report

  • Huge subsidy behind diesel, LPG price hike proposal January 17, 2013

    New Delhi: The Union Cabinet will take a decision on increasing diesel and LPG prices on Thursday. Diesel prices may be hiked by Rs 4.50 per litre. The Petroleum Ministry has proposed to increase diesel, kerosene and cooking gas rates. There is also a proposal to raise the ceiling on...
  • Reforms could lower India's fiscal deficit to 4.6 pc: Kelkar report September 29, 2012

    The Kelkar panel on Friday said that India was on the edge of a 'fiscal precipice' and that it should urgently slash fuel, food and fertilizer subsidies to cut its fiscal deficit. A wary government, however, said that certain levels of subsidies were unavoidable. The report goes on to add that the...