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Oil subsidies

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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
Union Budget 2013 Chidu's real fiscal deficit will miss by a mile

Feb 27, 2013

Union Budget 2013 Chidu's real fiscal deficit will miss by a mile

If you add the oil subsidies given out by ONGC, Gail and Oil India, the real fiscal deficit will be closer to 5.7 percent despite the FM's best efforts #Oil subsidies #fiscal deficit #Budget 2013
Diesel price decontrol: Bad karma catches up with UPA govt

Jan 18, 2013

Diesel price decontrol: Bad karma catches up with UPA govt

The lesson that the UPA government ought to take away from this is that it may run, but it cannot hide, from the malefic effects of bad economics. #BJP #UPA government #diesel prices #oil subsidy
Diesel hike impact not factored in FY13 oil subsidy bill:FM

Jan 17, 2013

Diesel hike impact not factored in FY13 oil subsidy bill:FM

Concerned over under-recoveries by oil companies, the Cabinet Committee on Political Affairs (CCPA) earlier in the day authorised oil marketing companies to make price correction from time to time. #Chidambaram #oil subsidy #FMSpeaks #Diesel deregulation
Additional oil subsidy done in view of difficult situation: FM

Dec 14, 2012

Additional oil subsidy done in view of difficult situation: FM

The government today justified its proposal for additional oil subsidy of Rs 28,500 crore, saying it was being done in view of "difficult situation" as members in the Lok Sabha attacked the move. #P. Chidambaram #Oil subsidies #TheySaidIt #OMC