Monday, March 31, 2014

BJP manifesto likely on Apr 3

BJP manifesto likely on Apr 3

 BJP is likely to release on April
3 its manifesto for the Lok Sabha polls and it is expected to
focus on reforms, good governance and strengthening of
security appartus.
The 50-page document is titled 'Ek Bharat, Sreshth
Bharat' (one India, foremost India), according to BJP sources.
The manifesto will be focusing on bringing the economy
back on track and, at the same time, providing relief to the
common man, they said.
The stamp of BJP's Prime Ministerial candidate Narendra
Modi is expected to be on the manifesto with major focus on
infrastructure development, growth of services and
manufacturing sector, the sources said.
Ram temple in Ayodhya, a pet issue of BJP, though will
find a mention, it is unlikely to be given too much emphasis
in the manifesto.
The middle-class and the young voters are also expected
to find a special mention in the poll document.
The manifesto committee has taken inputs from various
fields including experts views to finalise it.
It will also highlight the "failure" of the Congress-led
government on all fronts, the sources said. 

Wednesday, March 26, 2014

Petrol price to be cut by over Re 1

Petrol price to be cut by over Re 1

Petrol prices are likely to be
cut by over one rupee a litre early next week as appreciation
in value of rupee against US dollar and fall in global oil
rates has made imports cheaper.
     However, diesel rates will go up by 50 paisa per litre in
line with the practice of raising prices by small quantum
every month to wipe away subsidy on the fuel.
     State-owned oil firms are due to announce revised petrol
and diesel prices on March 31.
     "Rupee has appreciated to Rs 60.50 to a US dollar from Rs
61.44 and simultaneously international gasoline rates have
dipped from USD 118.09 per barrel to USD 115.73. The twin
factors will lead to a reduction in petrol price on Monday," a
source with direct knowledge of the development said.
     The government, in June 2010, had given oil firms freedom
to fix petrol prices on 1st and 16th of every month based on
average global oil prices and foreign exchange rates in the
preceding fortnight.
     It had in January 2013 authorised oil firms to hike
diesel prices by 40-50 paisa per litre every month till such
time that the losses on the fuel are wiped out. Diesel prices
have risen on 14 occasions since then.
     Election Commissioner H S Brahma, who had earlier this
month stated that government cannot discontinue the monthly
increases in diesel prices as it would tantamount to populism,
today said oil companies can revise petrol prices in line with
the practice they have been following since June 2010.
     Oil companies can revise petrol prices without coming to
the Election Commission, he said.
     Petrol and diesel prices were last revised on March 1
when rates where hiked by 60 paisa and 50 paisa respectively.
Petrol currently costs Rs 73.16 a litre in Delhi while diesel
is priced at Rs 55.48 per litre.
            Since January 2013, diesel rates have risen by a
cumulative Rs 8.33.