
Chennai: Raising strong objections to certain aspects of Centre's Direct Benefits Transfer, Tamil Nadu chief Minister Jayalalithaa on Saturday said the scheme in its present form should "not be operationalised" in the state as it is an "infringement" on the authority of state governments. In a strongly worded letter to Prime Minister Manmohan Singh, Jayalalithaa wondered if the state governments were expected to look on as mere "bystanders", far removed from the process of administering the scheme, after having placed their entire field machinery at the disposal of the Centre.
"This is clearly an infringement of the authority of the state governments and totally violative of the federal polity of the country and the spirit of democratic decentralisation," she said. If the intention of the Centre in introducing the scheme was to ensure efficient delivery, then it should route funds through state government, which she said was already progressively switching over to the bank mode of disbursement for all its beneficiary oriented schemes.
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02:31 AM, Apr 28, 2013

Khiladi Lal Bairwa, Congress MP from Karauli-Dholpur, remains a kerosene dealer even four years after getting elected to the Lok Sabha where as it is illegal for legislators and public servants to do so. But it seems this rule does not to apply to Bairwa. ...

12:13 PM, Feb 26, 2013

Red lines have been drawn for next month's Union Budget, Finance Minister P Chidambaram has said ruling out abandoning of all subsidises while non-merit ones could be eliminated over a period of time. ...

04:23 PM, Jan 30, 2013

How is the diesel price rise likely to affect the daily life of a common Indian? CNBC-TV18's economic policy editor & Delhi bureau chief Siddharth Zarabi joined IBNLive readers for an interaction on the issue. ...

05:46 PM, Jan 18, 2013

The Cabinet on Thursday refused to take a call on increasing the prices of diesel, kerosene and LPG and instead put the onus of oil marketing companies to decide on diesel price from time to time. ...

01:31 PM, Jan 17, 2013

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. ...

11:56 AM, Jan 17, 2013

The government is "seriously" considering revising rates of LPG and diesel prices but no decision has been taken as yet, Oil Minister M Veerappa Moily said on Wednesday. "All price hike or price reduction...proposals are under serious consideration. We have not taken any decision," he told reporters in the national capital. ...

01:10 PM, Jan 16, 2013

Diesel prices may be hiked by Rs 10 per litre over a 10-month period and kerosene rates increased by same quantum over the next two years if a proposal of the Oil Ministry is accepted. The price hike is being considered as the government scrambles to find ways to meet an unprecedented Rs 160,000 crore deficit expected this fiscal on selling diesel, cooking gas (LPG) and kerosene below their production...

04:32 PM, Dec 27, 2012

The government has labelled direct cash transfer of subsidies a game changer. To do a ground check, CNN-IBN travelled to Alwar and found that cash transfer of the subsidy in kerosene has not been a roaring success. Beneficiaries complain they have received money only till May. ...

07:30 AM, Nov 28, 2012

Badaun: A mob of 150 people allegedly tried to set the District Supply Officer (DSO) and his team in Dehgava village on fire after he sealed a fair price shop selling adulterated diesel on Thursday. The mob reportedly tried to set the DSO, Neeraj Singh, and his driver, on fire by hurling kerosene, but they managed to escape. An FIR has been filed against 154 people, including 150 unidentified people,...

11:00 AM, Oct 19, 2012

New Delhi: The Kelkar Committee, which was set up by Union Finance Minister P Chidambaram to suggest a roadmap for fiscal consolidation, has suggested the government to hike the prices of kerosene and LPG cylinders with immediate effect. The panel has recommended that kerosene price should be raised by Rs two per litre while that of LPG cylinders needs to be raised by Rs 50 per cylinder. According to the...

06:54 PM, Sep 28, 2012

The Deputy Chairman of the Planning Commission further said that allies like Trinamool Congress leader Mamata Banerjee were consulted before pushing for big-ticket reforms like the FDI in multi-brand retail. ...

09:15 AM, Sep 16, 2012

New Delhi: West Bengal Chief Minister Mamata Banerjee will be holding a rally in Kolkata on Saturday evening demanding a rollback on the hike on diesel prices and the limit on just 6 LPG cylinders per year for a family. Mamata will also be demanding a rollback of subsidy cuts in cooking gas. Five central trade unions on Friday announced agitations from Saturday to demand rollback in the diesel price...

08:10 AM, Sep 15, 2012

New Delhi: At a late night meeting, the government finally mustered courage to take a decision which experts have said was needed. Diesel prices was hiked by Rs 5 though kerosene and petrol prices were not touched. The limit for subsidised LPG was also reduced to 6 per year. Sources said that at the CCPA both Oil Minister Jaipal Reddy and Finance Minister P Chidamabram once again reiterated the need...

08:21 AM, Sep 14, 2012

New Delhi: The government on Thursday hiked the price of diesel by Rs 5 per litre, to be effective from midnight. The Cabinet Committee of Political Affairs (CCPA), however, decided not to hike the price of kerosene. The CCPA, headed by Prime Minister Manmohan Singh, also ended the subsidy on branded diesel fuel saying it would be sold at market rates. In another major decision, it was decided that a...

08:34 PM, Sep 13, 2012

New Delhi: Political pressure from within the United Progressive Alliance (UPA) over fuel price hike forced the Cabinet Committee on Political Affairs meeting, which was scheduled to be held later on Tuesday, to be postponed. While the Finance and Petroleum ministries want an immediate hike, pointing out that future economic reforms won't be possible without lowering subsidies, UPA constituents like the Congress and the Trinamool Congress are against the prosed...

03:12 PM, Sep 11, 2012

New Delhi: An increase in diesel, cooking gas and kerosene price is "unavoidable", Oil Minister S Jaipal Reddy said on Tuesday but indicated that the hike may not be decided by the Cabinet Committee on Political Affairs (CCPA) at its meeting later in the evening. "There is a meeting of the CCPA (this evening). This item (increase in diesel and cooking fuel) is not listed," he told reporters after meeting...

01:52 PM, Sep 11, 2012

New Delhi: The Central Government is in a bind over the increasing fuel prices as several UPA constituents are opposed to the move. Even as state-run oil companies like Hindustan Petroleum, Bharat Petroleum and Indian Oil Corporation say they are losing around Rs 15/litre on sale of diesel and approximately, incurring losses of Rs 200 crore each day on sale of this fuel, political pressure may force the government to...

01:05 PM, Sep 11, 2012

New Delhi: The prices of diesel, kerosene and LPG are likely to be hiked, according to sources. Sources say diesel prices are likely to be hiked by Rs 4 to 5 per litre, while the price of LPG is expected to be hiked by Rs 50 per cylinder. Oil companies will take the final decision on the price of petrol. According to sources, Finance Minister P Chidambaram and Petroleum Minister...

10:05 AM, Sep 11, 2012

New Delhi: The Centre may finally bite the bullet and hike fuel prices soon. Oil minister Jaipal Reddy speaking on Friday, though, ruled out an immediate hike, but he warned of painful decisions that need to be taken. The Oil Ministry has circulated a Cabinet note on fuel price hike. Finance minister P Chidambaram is reportedly pushing for a hike in fuel prices. A final decision will be taken after...

02:25 PM, Sep 07, 2012