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Centre Seeks Parliament Approval For Net Additional Spending Of Rs 3.25 Lakh Crore This Fiscal
Approval has also been sought for the expenditure of the Ministry of Petroleum and Natural Gas towards payments of LPG subsidies to oil marketing companies and LPG connections, among others totalling to Rs 29,944 crore.
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Oil Ministry To Seek Compensation For Petrol, Diesel Losses To State-Run Retailers
"The first half losses are publicly available. Add to that the LPG subsidy and you would arrive at approximate loss they have incurred," an official said.
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Pakistan Hikes Fuel Prices To Unlock IMF Funding
The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.
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No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices
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Petroleum Secretary Says LPG Subsidy Only For Ujjwala Beneficiaries
Government has limited subsidy on cooking gas LPG for only 9 crore poor women and other beneficiaries who got free connections under Ujjwala scheme
-
Pakistan Hikes Fuel Prices To Unlock IMF Funding
The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.
-
India's Plans For 20% Ethanol-Blending Will Cut Sugar Subsidy: Report
India's plans to blend 20% ethanol with petrol from April 2023 will help cut sugar export subsidies, Oil Secretary Tarun Kapoor told reporters on Thursday.
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Blending 20% Ethanol With Petrol To Reduce Sugar Subsidy, Says Oil Secretary
Government's plans to blend 20 per cent ethanol with petrol from April 2023 will help cut sugar export subsidies, Oil Secretary Tarun Kapoor said
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LPG Prices Unchanged This Month. Here's How Much You Pay For A Refill
LPG Price October 2020: The amount of subsidy provided by the government on the annual quota of 12 refills varies from month to month. The subsidy is determined broadly by factors such as crude oil and foreign exchange rates.
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"Didn't Hide," Says Nirmala Sitharaman On Data-Fudging Allegations In Rajya Sabha
Finance Minister Nirmala Sitharaman on Tuesday said that while the current government has been transparent in declaring extra-budgetary expenses, the previous UPA regime chose to keep its books clean by pushing its liabilities from oil subsidies to the state-run oil marketing companies (OMCs).
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Cooking Gas Prices May Rise Further As Oil Subsidies End By FY22: Report
Sources said that taking advantage of low oil prices, the government may give nod to state-run oil marketing companies to increase the price of subsidised LPG cylinder gradually so that entire subsidy paid under direct benefit transfer scheme (DBT) to eligible consumers is eliminated in one year's time.
-
Oil Ministry To Take Cabinet Nod On Gas Sector Reforms: Report
The government feels that lower price of fuel under CGD projects would allow bigger ashift of people to cleaner fuel.
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How Your LPG Rates Have Changed This Month
LPG rates: Currently, the LPG prices are reviewed by retailers on a monthly basis, based on international crude oil and rupee-dollar foreign exchange rates. The amount of subsidy - credited directly to the consumers' bank accounts - on LPG cylinders varies from month to month.
-
Odisha Lawmaker Got Rs 1850 LPG Subsidy Meant For Poor: Oil Minister
Union minister Dharmendra Pradhan Wednesday took a jibe at an Odisha minister for not forgoing subsidy on gas cylinder for the sake of welfare of the poor and said that Naveen Patnaik's cabinet colleague SN Patro received Rs 1850 as subsidy under the cooking gas scheme this year.
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LPG Cylinder Gets More Expensive: Here's How Much You Pay Now
Indian Oil said the subsidy transfer in the customer's bank account has been increased to Rs 433.66 per cylinder in the next month, as against Rs 376.60 per cylinder this month.
-
Centre Seeks Parliament Approval For Net Additional Spending Of Rs 3.25 Lakh Crore This Fiscal
Approval has also been sought for the expenditure of the Ministry of Petroleum and Natural Gas towards payments of LPG subsidies to oil marketing companies and LPG connections, among others totalling to Rs 29,944 crore.
-
Oil Ministry To Seek Compensation For Petrol, Diesel Losses To State-Run Retailers
"The first half losses are publicly available. Add to that the LPG subsidy and you would arrive at approximate loss they have incurred," an official said.
-
Pakistan Hikes Fuel Prices To Unlock IMF Funding
The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.
-
No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices
-
Petroleum Secretary Says LPG Subsidy Only For Ujjwala Beneficiaries
Government has limited subsidy on cooking gas LPG for only 9 crore poor women and other beneficiaries who got free connections under Ujjwala scheme
-
Pakistan Hikes Fuel Prices To Unlock IMF Funding
The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.
-
India's Plans For 20% Ethanol-Blending Will Cut Sugar Subsidy: Report
India's plans to blend 20% ethanol with petrol from April 2023 will help cut sugar export subsidies, Oil Secretary Tarun Kapoor told reporters on Thursday.
-
Blending 20% Ethanol With Petrol To Reduce Sugar Subsidy, Says Oil Secretary
Government's plans to blend 20 per cent ethanol with petrol from April 2023 will help cut sugar export subsidies, Oil Secretary Tarun Kapoor said
-
LPG Prices Unchanged This Month. Here's How Much You Pay For A Refill
LPG Price October 2020: The amount of subsidy provided by the government on the annual quota of 12 refills varies from month to month. The subsidy is determined broadly by factors such as crude oil and foreign exchange rates.
-
"Didn't Hide," Says Nirmala Sitharaman On Data-Fudging Allegations In Rajya Sabha
Finance Minister Nirmala Sitharaman on Tuesday said that while the current government has been transparent in declaring extra-budgetary expenses, the previous UPA regime chose to keep its books clean by pushing its liabilities from oil subsidies to the state-run oil marketing companies (OMCs).
-
Cooking Gas Prices May Rise Further As Oil Subsidies End By FY22: Report
Sources said that taking advantage of low oil prices, the government may give nod to state-run oil marketing companies to increase the price of subsidised LPG cylinder gradually so that entire subsidy paid under direct benefit transfer scheme (DBT) to eligible consumers is eliminated in one year's time.
-
Oil Ministry To Take Cabinet Nod On Gas Sector Reforms: Report
The government feels that lower price of fuel under CGD projects would allow bigger ashift of people to cleaner fuel.
-
How Your LPG Rates Have Changed This Month
LPG rates: Currently, the LPG prices are reviewed by retailers on a monthly basis, based on international crude oil and rupee-dollar foreign exchange rates. The amount of subsidy - credited directly to the consumers' bank accounts - on LPG cylinders varies from month to month.
-
Odisha Lawmaker Got Rs 1850 LPG Subsidy Meant For Poor: Oil Minister
Union minister Dharmendra Pradhan Wednesday took a jibe at an Odisha minister for not forgoing subsidy on gas cylinder for the sake of welfare of the poor and said that Naveen Patnaik's cabinet colleague SN Patro received Rs 1850 as subsidy under the cooking gas scheme this year.
-
LPG Cylinder Gets More Expensive: Here's How Much You Pay Now
Indian Oil said the subsidy transfer in the customer's bank account has been increased to Rs 433.66 per cylinder in the next month, as against Rs 376.60 per cylinder this month.
