| Topic : Increase in petrol & lpg prices - kirit parikh suggestion |
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Source : http://timesofindia.indiatimes.com
Activity:
22 comments
880 views
last activity : 07 12 2011 15:06:06 +0000
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The ministry proposes to limit the number of subsidized cylinders for even BPL (below poverty line) at four cylinders a year. But the government would give them a one-time assistance of Rs 1,400 for getting a connection The proposal outlines the criteria to identify those who have to pay market price for refills. These include anyone who owns a car, two-wheeler, house or figures in the income-tax list. The subsidy to BPL cardholders would be delivered through the unique identification number, Aadhar, as it is commonly known, regime that is in the works. The proposal rationalizes the move on the ground the present system does not differentiate between the needy and those who can afford to pay market price. It says even billionaires get their fuel at subsidized rate in the present system. The Centre at present supplies 9-10 million tonnes of subsidized kerosene a year for selling to poor through ration shops controlled by state governments. Several government and independent studies have said nearly 40% of the fuel is diverted for adulteration of motor fuels, giving rise to a black market worth over Rs 16,000 crore at today's market price. Consumers now pay an average of Rs 400 for a cylinder because of a subsidy of Rs 395. The government had last month raised cooking gas price by Rs 50 a cylinder, kerosene by Rs 2 per litre and reduced oil taxes. Still, together with diesel, it expects a subsidy bill of Rs 120,000 crore in 2011-12. We are struggling already and now we will struggle more. Is there any end to this struggle??

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I hope this will help people to be more determined or at least try! thanks Manish! |
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