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Deregulation

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Will Raghuram Rajan change the script for the central bankers?

Oct 29, 2015

Will Raghuram Rajan change the script for the central bankers?

IMF should oversee the purely domestic mandates of central banks on the spill-over effects on the world, says Rajan #Inflation #IMF #US Fed #Raghuram Rajan #Deflation #1921 depression #excessive deregulation #discretionary spends
Modi is ending UPA's oil mess, but cannot remain a fair weather deregulator

Apr 22, 2015

Modi is ending UPA's oil mess, but cannot remain a fair weather deregulator

The government's decision to free ONGC from having to subsidise LPG this year is good, but this decision cannot depend on the vagaries of global oil prices. Deregulation cannot be brought in or abandoned based on convenience #ONGC #LPG Subsidies #Dharmendra Pradhan #Oil Price Deregulation #Windfall Profits Tax
Reliance to reopen all its petrol pumps in India by 2016

Apr 18, 2015

Reliance to reopen all its petrol pumps in India by 2016

In 2008, Reliance Industries had shut down nearly 1,500 petrol pumps after they incurred heavy losses #de-regulation of diesel #fuel pumps in india #ril petrol pumps #ril re-opens petrol pumps
By raising petrol, diesel prices govt passes test on oil deregulation; LPG next?

Feb 16, 2015

By raising petrol, diesel prices govt passes test on oil deregulation; LPG next?

The Modi government has, by allowing petrol and diesel prices to rise this week, has indicated that it intends to let prices be determined by market conditions. It needs to distance itself further from these decisions. #Petrol #Oil subsidies #Diesel #Diesel Price HIke #LPG Deregulation #Oil Deregulation #Kerosene Prices
After diesel, Modi govt wants to decontrol urea, but it won't work if done in small doses

Jan 20, 2015

After diesel, Modi govt wants to decontrol urea, but it won't work if done in small doses

The NDA government is working on a plan for the gradual phaseout of urea price controls. But an extended phaseout will be politically tougher than a quick one-shot affair. The government should do it quickly. #Subsidies #LPG Subsidies #Direct cash transfers #Union Budget 2015 #Urea Deregulation
After diesel decontrol, RIL starts re-opening fuel stations across country

Jan 18, 2015

After diesel decontrol, RIL starts re-opening fuel stations across country

RIL's present network comprises of about 900 retail outlets that are owned by the company and the rest by dealers. #India #NewsTracker #Diesel #RIL #fuel price deregulation #fuel stations
Actual fuel de-control still doesn't exist in India. Here's why

Dec 04, 2014

Actual fuel de-control still doesn't exist in India. Here's why

In October this year, the Narendra Modi-led government announced it had deregulated prices of diesel, India's largest selling automotive fuel. #oil prices #Petrol #Diesel #Modi #Deregulation #Diesel deregulation #Jaitley #excise duty hike
LPG prices will be freed after Delhi polls in Feb; you could get cash upto Rs 6,800 p.a.

Nov 10, 2014

LPG prices will be freed after Delhi polls in Feb; you could get cash upto Rs 6,800 p.a.

The NDA is moving ahead on deregulating LPG prices by fixing a limit on the subsidy at Rs 568 a cylinder. The decontrol will be announced anytime in March or April. #ONGC #Oil India #OMCs #Direct cash transfers #cooking gas subsidy #LPG Deregulation
Oil at 4-yr low: Cutting diesel, petrol prices is bad economics; govt should raise taxes instead

Nov 05, 2014

Oil at 4-yr low: Cutting diesel, petrol prices is bad economics; govt should raise taxes instead

The UPA sent the economy downhill as heavy petro-fuel subsidies damaged the fiscal balance. If the NDA does not want a build-up to another such crisis, it should levy more taxes on petro-fuels #Deregulation #Petro-fuels #Diesel Taxes #LPG and Kerosene Subsidies