Price of diesel hiked by Rs.5
Subsidized LPG restricted to 6 cylinders a year per family
Source: Hueiyen News Service
New Delhi, September 13 2012:
The government on Thursday approved a steep hike on diesel price in a politically risky move to rein in the fiscal deficit.
The cabinet committee on political affairs approved the hike in a meeting at the Prime Minister's residence.
The price of diesel is hiked by Rs 5.However, the price of PDS kerosene and petrol were left unchanged.
The panel also restricted the number of subsidized LPG cylinders a family can have.
Under the new proposal, the number of cylinders is restricted to 6 cylinders per family per year.
State-run oil marketing companies are losing Rs 550 crore everyday on under-recoveries as a result of higher crude prices in the global markets.
They make a loss of Rs 19 per litre on diesel sales, Rs 32.7 per litre on kerosene sales, and Rs 347 per cylinder on cooking gas sales every day.
Army rebuts report Imphal, Sep 13: The Red Shield Division has rebutted the report published in Hueiyen Lanpao regarding AR forcing villagers to do jungle cutting in Kumbi area.
In a statement, PIB Defence Wing clarified that security forces had advised the villagers to cut grass and undergrowth opposite their houses and fields in order to avoid such IED incidents.
The civilians have been conducting jungle, grass cutting as a self initiative to ensure that no such IEDs are placed and civilian lives lost in such incidents.