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KEROSENE SUBSIDY
Observe and shock absorb: To ride out this oil crisis, focus should be on well-targeted support, not broad price suppressionIndia is navigating a critical oil import challenge. The government's approach of keeping fuel prices steady faces fiscal and equity questi...- Energy shock ripples from kitchens to forests as Africa and South Asia grapple with rising fuel costsGlobal fuel price hikes are pushing families in Kenya and India back to burning charcoal and wood. This reversal threatens years of progres...
- Bangladesh raises fuel prices as Iran war drives up costsBangladesh has made a tough choice to raise fuel prices by up to 15 percent, a direct response to rising crude oil costs and supply interru...
- Decontrol oil prices and replace cross-subsidies with targeted DBTs for needy householdsDuring recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in...
- Kerosene subsidy removed via small price hikes over 4 yearsKerosene prices fell by 23 paise a litre this month, the first fall since July 2016 when oil companies started raising prices by 25 paise a...
- Oil Ministry to ensure needy not denied fuel subsidyA mechanism is in the works to ensure that the poor are not deprived of cooking gas or kerosene subsidy, which is slowly being phased out, ...
- Why Modi must find the courage now to stop the worst subsidy of allStudies show that up to 40% of subsidised kerosene is diverted from poor beneficiaries to the adulteration of diesel, which is more than tw...
- We have targeted subsidy only for those who need kerosene: Dharmendra Pradhan, Oil Minister"If you go by NSSO Statistics, sizable section of household in India are electrified and in LPG if I can talk about LPG around 75% of house...
- Aadhaar mandatory for kerosene subsidy, Atal Pension YojanaIt has been also decided to link the Aadhaar number with the ration card issued to households availing the benefits or with the bank accoun...
- Kerosene subsidy likely to decline by 25 per cent this fiscal year“There is a consensus emerging between the Centre and the states that subsidy will have to be targeted,” Oil Minister Dharmendra Pradhan to...
- Time has come for stopping LPG subsidy to well-off: Dharmendra PradhanPradhan also said the government will also very soon move to the direct benefit transfer for delivering kerosene subsidy as well.
- Government caps kerosene subsidy at Rs 12/litre, LPG at Rs 18/kgKerosene through PDS is sold at Rs 14.96/litre against the actual cost of Rs 29.91. The difference between the two, is termed as under-reco...
- Finance Ministry to give Rs 1,300 crore kerosene subsidyThe official said the Budget for 2015-16 has provided for Rs 22,000 crore towards LPG subsidy and another Rs 8,000 crore on kerosene.
- Government mulls "painless" kerosene subsidy revamp likely to aid fuel reformsThe Centre is considering a revamp in kerosene subsidy to complete fuel pricing reforms, which will significantly reduce the burden on exch...
- Government, IIT-Bombay launch solar project to reduce kerosene subsidyIIT Bombay started a programme last year to distribute solar lamps to students living in non-electrified areas of the country.
- IOC restores supply of LPG, kerosene to BhutanState-owned Indian Oil Corp (IOC) today restored supply of subsidised cooking gas (LPG) and kerosene to Bhutan after a month long hiatus.
- Ration card holders to get kerosene subsidy directlyTo check the black marketing of cheap kerosene sold through the PDS, Govt has decided to deposit subsidy on the fuel directly in the bank a...
- Delhi may roll-out cash payouts for kerosene subsidyDelhi may soon become the first city in the country to dole out cash payouts instead of subsidised kerosene to the BPL families.
- Transfer cash to the poor; A better way to administer subsidyThe money that is being wasted - Rs 12,000 crore, 40% of the kerosene subsidy - on diverted kerosene is enough to build the requisite rural...
- Government mulls phasing out cooking gas subsidyThe government is considering policies to phase out subsidies on cooking gas while targeting kerosene subsidies for the poorer people.
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