Lpg Subsidies

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

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.

LPG cash subsidy: How oil cos will pay for UPA re-election

The PMO is planning to pay the LPG cash subsidy for only one cylinder upfront: this means the oil companies will bear a part of the UPA's re-election costs

Economic Survey 2013 shows rich are gobbling up LPG subsidies

The reach of subsidies on LPG is highly unequal amongst the poor and rich in rural and urban areas.

Political clock rewound; Time running out for PM-FM reforms

The PM and the finance minister are now up against a rewound political clock which may tend to block further reforms

Multiple LPG connections? Oil cos want to cut yours off

Oil companies are blocking consumers who have more than one gas connection? It sounds equitable, but it doesn't help anyone.

Jan Dhan may get Modi into Guinness book, but duplicate accounts will burden banks

In the absence of a careful approach, as the RBI highlighted, 7.5 crore zero-balance accounts will become a liability to the system

Jan Dhan plus DBT is a winner; over 3 years, it won't be a back-breaker for banks

In a worst-case scenario, the Jan Dhan Yojana could cost banks or the govt upto Rs 13,500 crore annually. But once more subsidies are moved to direct transfers and bank accounts, it will break even

Aadhaar for quick passport: Is Modi government slyly getting around SC order?

The Aadhaar number is being pushed for passports and LPG even though there are SC orders that say all notifications making it compulsory should be withdrawn. What is Modi govt up to?

LPG deregulation is next: consumer may get fixed subsidy; prices will change monthly

The shift to direct cash transfers for LPG cylinders makes it inevitable that the Modi government will decontrol prices and move towards fixed subsidy payments into consumer accounts