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Centre mulls auction of ONGC, Oil India oil fields to private firms

Apr 14, 2015

Centre mulls auction of ONGC, Oil India oil fields to private firms

The ministry is reasoning the auctioning of the marginal fields to they being uneconomic for a large firm with huge overheads to develop or bring to production. Smaller firms with a fraction of operating cost can develop them at a much faster and economic rate. #CAG #NewsTracker #ONGC #LPG #Kerosene #Oil India #CCEA #New Exploration Licensing Policy
Dear PM Narendra Modi, here's why I will not be giving up my LPG subsidy

Apr 10, 2015

Dear PM Narendra Modi, here's why I will not be giving up my LPG subsidy

A political party and its followers who threw a fit when the UPA government decreased the number of subsidized LPG cylinders now want everybody to renounce subsidy. #Narendra Modi #ConnectTheDots #LPG #LPG cylinders #NDA Government #LPG subsidy
PM asks better-offs to forgo LPG subsidy, help the poor get gas connections

Apr 03, 2015

PM asks better-offs to forgo LPG subsidy, help the poor get gas connections

"Give it up" campaign should be taken up on the lines of "Swacch Bharat" and "Beti Bachao, Beti Padhao initiatives, Modi said. #Economy #UPA #BJP #Narendra Modi #NewsTracker #LPG subsidy
PM Modi urges the rich to ditch LPG subsidy; resolves to cut dependence on oil imports

Mar 28, 2015

PM Modi urges the rich to ditch LPG subsidy; resolves to cut dependence on oil imports

Prime Minister Narendra Modi on Friday appealed to the well off people to give up subsidised cooking gas. #Business #India #NewsTracker #Subsidy #Cooking Gas #DBT #subsidised LPG #PM Narendra Modi
Here's why Arvind Subramanians economic survey offers a subsidy 'Nirvana'

Feb 27, 2015

Here's why Arvind Subramanians economic survey offers a subsidy 'Nirvana'

In his press conference, chief economic adviser Arvind Subramanian alerted journalists to not look at the Economic Survey as anything more than wishful policy thinking. #Economy #GDP #Kaushik Basu #Raghuram Rajan #Aadhaar #LPG #Arvind Subramanian #Jan Dhan Yojana #Budget2015 #RailwayBudget2015 #JAM Number Trinity
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
Indian Oil loss widens to Rs 2,636.80 cr in Q3, falling oil prices harm

Feb 13, 2015

Indian Oil loss widens to Rs 2,636.80 cr in Q3, falling oil prices harm

Inventory loss arose because IOC has inland refineries, where reaching imported crude oil takes time. #Business #ONGC #EarningsShow #LPG #Kerosene #B Ashok #Crude price #India Oil
Jan Dhan: Drop in zero-balance accounts as LPG cash subsidies flow in

Feb 05, 2015

Jan Dhan: Drop in zero-balance accounts as LPG cash subsidies flow in

The Jan Dhan Yojana scheme's success depends on how active these accounts become. One sign: the number of zero-balance accounts is falling. The LPG cash transfers may be helping #Narendra Modi #LPG Subsidies #Direct Benefits Transfer #Jan Dhan Yojana
Fuel Subsidy: Oil Ministry seeks Rs 22,101crore for H2 2014-15

Feb 05, 2015

Fuel Subsidy: Oil Ministry seeks Rs 22,101crore for H2 2014-15

Oil Ministry has sought Rs 22,101 crore in fuel subsidy for the second half of current fiscal so as to almost exempt oil producers ONGC and Oil India Ltd from any payments. #Oil Ministry #Petrol #LPG #Diesel #Crude #Kerosene #brent #Fuel Subsidy #NYMEX #excise duy
PAHAL Yojana will end black marketing in LPG, says PM Narendra Modi

Feb 05, 2015

PAHAL Yojana will end black marketing in LPG, says PM Narendra Modi

Modi said direct cash transfer schemes like the "PAHAL Yojana" will bring an end to black-marketing and subsidies will reach people more effectively. #Prime Minister #Narendra Modi #TheySaidIt #Government #PM #LPG #Modi #DBTL #PAHAL Yojana