Rangarajan Committee

The Tamil Nadu government has constituted a high-level committee, headed by Dr C Rangarajan, former RBI Governor, to assess the overall immediate and medium-term impact of coronavirus on the state's economy, including the impact of the lockdown imposed to prevent spread of the deadly virus .

In a setback to Reliance Industries, the government on Friday said the decision to allow market prices for undeveloped gas discoveries will not apply to the company's finds in KG-D6 block unless it withdraws legal suit over gas pricing.

Joining the debate over the powers of Reserve Bank of India Governor in setting policy rate, C Rangarajan, former head of the central bank, has said the government can do away with the veto power of Governor but a majority of members in the Monetary Policy Committee should be from the RBI.

As the government deferred a revision in natural gas prices for the third time, brokerages said pricing needs to be fixed quickly as non-remunerative rates and policy uncertainties had led to sluggish domestic output.

The Oil Ministry is looking at a price of $6-6.5 for all domestic natural gas but wants Reliance Industries to sell KG-D6 gas at old rate of $4.2 till it makes up for shortfall in supplies of past four years, according to sources.

The previous UPA government had in December last year decided to price all domestic gas from April 1, 2014 according to a formula suggested by the Rangarajan Committee.

Senior JD(U) leader Nitish Kumar today described as "disappointing" the maiden general budget of Narendra Modi government as there was nothing for backward states like Bihar to cheer "acche din" (good days).

Why Jaitley's Thursday speech is crucial by Ashok Malik.

Anyone who spends more than Rs 32 a day in villages and more than Rs 47 in cities is not poor, an expert panel has recommended to the government, igniting a major controversy for the government as Parliament meets for the budget session.

A panel headed by former RBI governor C Rangarajan has dismissed the Tendulkar Committee report on estimating poverty and said that the number of poor in India was much higher in 2011-12 at 29.5 per cent of the population, which means that three out of 10 persons are poor.

C Rangarajan, former chief of the Prime Minister's Economic Advisory Council (PMEAC), has submitted a report on Tendulkar Committee methodology for estimating poverty to Planning Minister Rao Inderjit Singh.

C Rangarajan, former chief of the Prime Minister's Economic Advisory Council (PMEAC), has submitted a report on Tendulkar Committee methodology for estimating poverty to Planning Minister Rao Inderjit Singh.

The Centre's subsidy burden on PDS sugar may go up due to price increases after import duty on the sweetener was hiked, former Food Minister K V Thomas said on Tuesday.

After agreeing to temporarily sell gas to urea plants on old terms, Reliance Industries (RIL) has told its customers the new formula, which almost doubles the price of the fuel, will apply from April 1.

Reliance Industries has agreed to temporarily supply gas to India's fertiliser plants at current prices, although the two sides have failed to sign new deals, the top official in the Fertiliser Ministry said.

The Tamil Nadu government has constituted a high-level committee, headed by Dr C Rangarajan, former RBI Governor, to assess the overall immediate and medium-term impact of coronavirus on the state's economy, including the impact of the lockdown imposed to prevent spread of the deadly virus .

In a setback to Reliance Industries, the government on Friday said the decision to allow market prices for undeveloped gas discoveries will not apply to the company's finds in KG-D6 block unless it withdraws legal suit over gas pricing.

Joining the debate over the powers of Reserve Bank of India Governor in setting policy rate, C Rangarajan, former head of the central bank, has said the government can do away with the veto power of Governor but a majority of members in the Monetary Policy Committee should be from the RBI.

As the government deferred a revision in natural gas prices for the third time, brokerages said pricing needs to be fixed quickly as non-remunerative rates and policy uncertainties had led to sluggish domestic output.

The Oil Ministry is looking at a price of $6-6.5 for all domestic natural gas but wants Reliance Industries to sell KG-D6 gas at old rate of $4.2 till it makes up for shortfall in supplies of past four years, according to sources.

The previous UPA government had in December last year decided to price all domestic gas from April 1, 2014 according to a formula suggested by the Rangarajan Committee.

Senior JD(U) leader Nitish Kumar today described as "disappointing" the maiden general budget of Narendra Modi government as there was nothing for backward states like Bihar to cheer "acche din" (good days).

Why Jaitley's Thursday speech is crucial by Ashok Malik.

Anyone who spends more than Rs 32 a day in villages and more than Rs 47 in cities is not poor, an expert panel has recommended to the government, igniting a major controversy for the government as Parliament meets for the budget session.

A panel headed by former RBI governor C Rangarajan has dismissed the Tendulkar Committee report on estimating poverty and said that the number of poor in India was much higher in 2011-12 at 29.5 per cent of the population, which means that three out of 10 persons are poor.

C Rangarajan, former chief of the Prime Minister's Economic Advisory Council (PMEAC), has submitted a report on Tendulkar Committee methodology for estimating poverty to Planning Minister Rao Inderjit Singh.

C Rangarajan, former chief of the Prime Minister's Economic Advisory Council (PMEAC), has submitted a report on Tendulkar Committee methodology for estimating poverty to Planning Minister Rao Inderjit Singh.

The Centre's subsidy burden on PDS sugar may go up due to price increases after import duty on the sweetener was hiked, former Food Minister K V Thomas said on Tuesday.

After agreeing to temporarily sell gas to urea plants on old terms, Reliance Industries (RIL) has told its customers the new formula, which almost doubles the price of the fuel, will apply from April 1.

Reliance Industries has agreed to temporarily supply gas to India's fertiliser plants at current prices, although the two sides have failed to sign new deals, the top official in the Fertiliser Ministry said.