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DEREGULATION IN FINANCE
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As costs remain high, MFIs raise ratesMicrofinance lending rates are rising for the poorest borrowers. This is happening despite a government credit guarantee scheme designed to...
It's time to free the financial sector of IndiaIndia's deregulation efforts risk being undermined by neglecting the financial sector. While other sectors have dedicated commissions, fina...
Government may do away with LPG subsidy for rich: Finance Minister Arun JaitleyCurrently, 12 cylinders are available to consumers at a subsidised rate of Rs 414 each (in Delhi). Beyond this will have to be purchased.
Revenue loss on sale of subsidised diesel shrinksto a record low of 8 paise/litrePetroleum and natural gas minister Dharmendra Pradhan and petroleum secretary Saurav Chandra on Monday appraised finance minister Arun Jait...
Partial diesel decontrol to have small impact on inflationThe government says the impact of partial deregulation of diesel prices on inflation and common man would remain "small and muted".
Diesel deregulation: Need to look into dimensions of issue, says FM P ChidambaramChidambaram said that govt will have to look into various dimensions of the issue before taking any decision on deregulating diesel prices.
- Government should consider diesel deregulation: PMEAC Chairman C Rangarajan
Prime Minister's Economic Advisory Council Chairman C Rangarajan today said the government should consider decontrolling diesel prices.
- Oil companies to raise petrol prices next month; govt to review diesel rates
State refiners are preparing to raise petrol prices next month if they are not compensated for selling the fuel below market rates for poli...
- Political compulsions in way of diesel deregulation: Oil Minister S Jaipal Reddy
Reddy today said practical and political compulsions are deterring the government from freeing diesel pricing from its control.
- Government may free diesel prices if crude touches $150/barrel
Government had in June last year agreed in-principle to deregulate diesel prices, as recommended by Kirit Parikh Committee.
- Petrol prices may be linked to international crude rates
The government is believed to be considering decontrolling petrol prices, a move that may see rates being hiked by Rs 16-17 a litre, but di...