Diesel and Petrol Price hikes

Kirit Parikh Committee immediately four to five per liter diesel price hike is recommended . Controlled by the government for petroleum products is suggested to continue the existing value system . To determine the cost of diesel and cooking gas constituted the committee on Wednesday will be presenting its report to the government .

Sources say the group privileges diesel, kerosene and cooking gas price for the current system to continue. Diesel sales at less than cost price to reduce the burden on oil companies are likely to increase given time . At the same time, the subsidy is being provided , to finish it off every month to increase the price per liter .

Due to the huge import bill of petroleum products to handle the economy getting out of hand the government wants to reduce subsidy burden as soon as possible . Last fiscal year, the Finance Ministry is keeping the pressure on refineries to the same price they have to pay to import .

The Ministry argues that the import price based Fomrula ( import price , taxes and transportation ) to be taken from last year's subsidy bill of Rs 161 029 17 618 million could be saved .
Ministry Committee rejected this argument , stating that prices of kerosene and LPG gradually increase is suggested . This price within two to three years will be according to market value .

Expensive air fare once again under investigation

Aviation arbitrary increase in air fares silence after complaints Competition Commission ( CCI ) will check them again . Before the Commission has examined similar situations four times . Jet Airways , Indigo , major airlines including Air India in the last days the air fares were raised by 25 to 30 per cent . Behind the rise airlines Air Fuel ( ATF ) price hike was argued three times in three months . Air Passengers Association of Airline Passengers Association but dismissed it told the real reason is the upcoming festive season .

The complaint to the Competition Commission stated that combine Airlines fare increase before the festival every year . Hawaii Yatr this festive season is to take advantage of the increased demand . Aviation Ministry to increase fares airline chiefs over the last week and calling a meeting of State Ministers of Transport and Civil Aviation was discussed . It reduced rates of VAT on ATF from Racyon four percent was requested to get on .

Some Racyon the rates are reduced . But in most Racyon rates by 12 per cent to 30 per cent are still . The cost airlines share of expenditure on ATF is 40 per cent . However , the responsibility to monitor air fares Directorate General Aviation ( DGCA ) has . He 's about to put the guidelines .

The airlines have to be transparent in their fares . In addition to their lowest and the highest rent rates have to give details of all charges and surcharges . But the system has not proven to be very effective . Consequently , the issue around - turned reaches the front of the Competition Commission .