Spending
Households likely to get nine subsidised LPG cylinders a year

Oil Minister M Veerappa Moily said the cap on supply of subsidised LPG cylinders is likely to go up definitely from six to nine cylinders

New Delhi: The union government will raise the cap on supply of subsidised cooking gas (LPG) to nine cylinders per household in a year from current restriction of six, Oil Minister M Veerappa Moily said on Tuesday, reports PTI.

 

"I think it is likely to go up definitely from six (cylinders) to 9 (cylinders)," he told reporters.

 

The government had in September capped supply of subsidised LPG to six cylinders per household in a year. Any additional requirement is to be bought at market price of Rs 931 per 14.2-kg bottle.

 

Subsidised LPG costs Rs410.50 per cylinder at present.

 

Moily said the decision to raise the cap will be taken by the Cabinet "very shortly".

 

The original decision to cap supply at six cylinders was taken by the Cabinet Committee on Political Affairs on 13th September and the decision to raise it would also have to be taken by the Cabinet panel, he said.

 

"I think as early as possible," he added.

 

Moily said he has had two rounds of discussions with Finance Minister P Chidambaram on the impact of the decision to raise the cap.

 

The government will have to provide an additional Rs9,000 crore annually if the cap is raised.

 

"We are working on that," he said on ways to mitigate the additional subsidy requirement. "We are working on certain formula to neutralise it."

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COMMENTS

shrinivas

4 years ago

This they are doing so as to influence elections in Gujarat ! Once the elections are over, they will decide not to hike the number of cylinders. In any case, Congress will not win in Gujarat.

Frame noise rules for construction activities: HC tells BMC

The High Court also said the authorities should try to strike a balance between implementation of norms and people's sentiments regarding cultural and religious festivals


Mumbai: The Bombay High Court on Tuesday asked the Brihanmumbai Municipal Corporation (BMC) to consider framing noise regulations for residential and building construction activities, reports PTI.

 

A division bench of Chief Justice Mohit Shah and Justice NM Jamdar was hearing a bunch of public interest litigations regarding strict implementation of noise pollution rules in silence zones across the city.

 

"We have personally noticed the decibel level is very high during such construction activities. The civic body should consider framing different noise regulations for construction activities," the bench said.

 

Senior counsel SU Kamdar, appearing for the BMC, told the court that presently there is only a time limit imposed on construction activities and the issue of framing of regulations will have to be placed before the Improvement Committee of the civic body.

 

The bench also said it was considering to set up a committee comprising officials from different government departments and the civic body to look into the issue of noise pollution and whether or not permission can be given to an organiser to hold cultural events and what conditions should be imposed.

 

Following numerous applications filed before the court seeking permissions to hold cultural and political rallies in silence zones after the civic body and police deny permission, the court suggested for a committee to be formed which will consider such applications.

 

The court also said the authorities should try to strike a balance between implementation of norms and people's sentiments regarding cultural and religious festivals.

 

After hearing the arguments of all parties involved, the court said it would pass an appropriate order later.

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Kingfisher lessor takes back four planes; tax dept confiscates one

Kingfisher has six Airbus planes leased from ILFC in its fleet of 42 aircraft and the leasing company has taken back four planes from the Vijay Mallya owned carrier

Mumbai: Five planes of Kingfisher Airlines have been grounded - four taken back by US-based leasing company International Lease Finance Corp (ILFC) and one confiscated by the service tax department -- compounding troubles for the beleaguered carrier, reports PTI.

 

Neither Kingfisher nor the lessor - International Lease Finance Corporation (ILFC) - offered any comment.

 

"One more lessor, International Lease Finance Corporation has taken back four Airbus planes from Kingfisher following non-payment of lease rentals," sources said, adding that the aircraft are now parked at the Mumbai airport.

 

According to the sources, Kingfisher has six Airbus planes leased from ILFC in its fleet of 42 aircraft.

 

ILFC did not comment on the issue. "At this time we are not offering any comment on Kingfisher," an ILFC spokesperson said in an email response from the company headquarters in Los Angeles.

 

It could not be ascertained as to how much was the amount pending for payment to ILFC.

 

Kingfisher spokesperson too responded in a similar manner saying it does not comment on its relationship with vendors.

 

However, the Service Tax Department confirmed on Tuesday that it had confiscated an ATR plane from the carrier for defaulting on tax dues running into Rs63 crore.

 

The airline owes Rs190 crore in service tax dues of which the airline has contested the department's claim for Rs127 crore in arrears.

 

The developments come amid reports that Kingfisher is working on a revival plan to be presented to the aviation authorities by the end of this month.

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