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Deregulation

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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
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
Historic low: Diesel under-recovery declines steeply to 8p/l, deregulation imminent

Sep 01, 2014

Historic low: Diesel under-recovery declines steeply to 8p/l, deregulation imminent

Under-recovery or the gap between retail selling price and the cost of import has dipped to 8 paisa a litre, helped by the monthly increases and softening in international oil rates #India #Pranab Mukherjee #UPA #LPG #Diesel #retail #Kerosene #NDA #Deregulation #import #under recovery
Diesel deregulation: Subsidy payouts for ONGC, Oil India to almost halve

Aug 27, 2014

Diesel deregulation: Subsidy payouts for ONGC, Oil India to almost halve

While the government had freed petrol price from its control in June 2010, it had started a phased deregulation of diesel rates in January last year with up to 50 paise a litre increase in rates every month. #India #Pranab Mukherjee #UPA #oil #ONGC #Arun Jaitley #LPG #Diesel #Budget #VAT #NDA #Deregulation #cylinder #Cabinet Committee on Political Affairs
As global oil prices fall, Oil Min to approach Cabinet on deregulating diesel prices

Aug 23, 2014

As global oil prices fall, Oil Min to approach Cabinet on deregulating diesel prices

The Oil Ministry will approach the Cabinet regarding a possible deregulation of domestic diesel pricing as local prices could soon reach parity with global levels. #Reliance Industries #Oil Ministry #Cabinet #Diesel #Essar #Deregulation
Diesel prices to be fully deregulated in two months: Moily

Dec 20, 2013

Diesel prices to be fully deregulated in two months: Moily

The government would have achieved complete deregulation of diesel earlier but for the sharp currency depreciation during the year, the Union minister said. #Economy #India #Indian Oil #Veerappa Moily #Diesel #PolicyWatch #Hindustan Petroleum #Bharat Petroleum #Deregulation
Diesel hike: Chidam-broom is not really sweeping clean

Jan 18, 2013

Diesel hike: Chidam-broom is not really sweeping clean

The diesel half-reform by UPA is really a quarter reform that ultimately may not work. #P. Chidambaram #Deregulation #diesel prices #Verappa Moily