Latest News on Oil Subsidies
Showing of 0 - 10 from 29 results
Oil Subsidies - Total results - 29
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.
Jul 18, 2014
ONGC disinvestment: Why Jaitley should read the story of the Golden Goose firstIt makes no sense to sell ONGC shares when oil subsidy and pricing policies are in a flux and non-transparent. Selling now means lower price realisation for government
May 24, 2014
In his last act, Chidu fleeces oil companies even more to maintain his fiscal fictionThe UPA government has expanded the share of subsidies that the oil and gas producers have to pay in 2013-14 so that it can show a lower fiscal deficit. This is nothing but accounting sacrilege.
Feb 27, 2013
Union Budget 2013: Chidu's real fiscal deficit will miss by a mileIf 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
Dec 14, 2012
Additional oil subsidy done in view of difficult situation: FMThe 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.
Sep 27, 2012
Mr Kelkar, both Pranab and Chidu have been cooking the booksVijay Kelkar is appalled to see the huge gap between budget numbers and reality. The truth is both Chidambaram and Pranab have been pulling numbers out of a hat
Sep 21, 2012
If these are economic reforms, I'm Amitabh BachchanToo many ordinary changes are being dubbed as big ticket economic reforms by the pink business newspapers while what is needed is not being addressed.
Sep 17, 2012
The Rs 16,653 cr lie at heart of govt's diesel price justificationIn 2011-12, the government did not pay net subsidies of even one paisa to the oil companies. It paid less as subsidies than it collected as taxes.
Sep 14, 2012
Why the diesel hike will not even dent the fiscal deficitDespite the diesel price hike, the subsidy burden in the budget is not going to come under control. Without further steps, there is no fiscal nirvana
Sep 01, 2012
No miracles in Chidu's first month as FM: Budget in a messA month after Chidambaram took over as FM, the government's finance continue to slide.