He was removed after pressure from Reliance, says Medha Patkar

[email protected] (The Hindu)
October 30, 2012

Medha_Patkar

Bhopal, October 30: Social activist Medha Patkar has accused the UPA government of reeling under corporate pressure for its decision to shift Jaipal Reddy from the Petroleum and Natural Gas Ministry.

Ms. Patkar alleged the decision was taken to provide undue benefits to the Mukesh Ambani-led Reliance Industries Ltd.

“Mr. Reddy has been removed because he questioned the irrational demand by RIL on escalating the prices of natural gas. A few years ago, the government replaced Mani Shankar Aiyar with Murli Deora, a childhood friend of the Ambanis, for similar reasons,” Ms. Patkar said.

“The National Alliance of People’s Movements [NAPM] condemns this development as an evidence of the politician-corporate nexus and a joint crime against the people of India.”

As Petroleum Minister, Mr. Reddy had prevented RIL’s efforts to increase the price of natural gas extracted from the Krishna Godavari basin off the coast of Andhra Pradesh.

The Minister is also said to have been instrumental in bringing RIL under the scrutiny of the Comptroller and Auditor General (CAG).

The NAPM would work out a strategy to counter the government’s action, at its ninth biennial national convention, to be held from November 17 to 19 at Kiraloor village near Thrissur, Kerala, she said.

She said RIL was insisting on hiking the price of natural gas, despite its agreement with the Union government to keep it steady till 2014. She also accused the company of deliberately showing reduced production from its KG D6 gas block in order to extract a higher price.

“Though the loss that would accrue to the exchequer because of the price hike would be $ 6.3 billion, it could increase much beyond this figure due to the RIL’s huge spread in the country,” she said.


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News Network
April 22,2020

Thiruvananthapuram, Apr 22: Eleven more people tested positive for COVID-19 in Kerala with totalpositive cases in the State touching 437on Wednesday.

Two house surgeonsof the Kozhikode Medical college are among those who have tested positive for the virus.

The two had travelled outside the state,Chief Minister Pinarayi Vijayan told reporters.

Kannur reported seven cases, Kozhikode two, while one case each was reported from the districts of Kottayam and Malappuram.

Only one person tested negative.

The state has 127 active cases and 29,000 people are under observation, including 346 in hospitals.

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News Network
June 20,2020

New Delhi, Jun 20: Diesel price on Saturday hit a record high after rates were hiked by 61 paise per litre while petrol price was up 51 paise, taking the cumulative increase in rates in two weeks to Rs 8.28 and Rs 7.62 respectively.

Petrol price in Delhi was hiked to Rs 78.88 per litre from Rs 78.37, while diesel rates were increased to Rs 77.67 a litre from Rs 77.06, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

The 14th daily increase in rates since oil companies on June 7 restarted revising prices in line with costs after ending an 82-day hiatus in rate revision, has taken diesel prices to new high. Petrol price too is at a two-year high.

Prior to the current rally, diesel rate had touched a peak of Rs 75.69 per litre in Delhi on October 16, 2018.

The highest-ever petrol price was on October 4, 2018, when rates soared to Rs 84 a litre in Delhi.

When rates had peaked in October 2018, the government had cut excise duty on petrol and diesel by Rs 1.50 per litre each. State-owned oil companies were asked to absorb another Re 1 a litre to help cut retail rates by Rs 2.50 a litre.

Oil companies had quickly recouped the Re 1 and the government in July 2019 raised excise duty by Rs 2 a litre.

The 82-day freeze in rates this year was imposed in mid-March soon after the government hiked excise duty on petrol and diesel to shore up additional finances.

The government on March 14 hiked excise duty on petrol and diesel by Rs 3 per litre each and then again on May 5 by a record Rs 10 per litre in case of petrol and Rs 13 on diesel. The two hikes gave the government Rs 2 lakh crore in additional tax revenues.

Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), instead of passing on the excise duty hikes to customers, adjusted them against the fall in retail rates that was warranted because of a decline in international oil prices to two-decade lows.

International oil prices have since rebounded and oil firms are now adjusting retail rates in line with them.

In 14 hikes, petrol price has gone up by Rs 7.62 per litre and diesel by Rs 8.28 a litre.

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News Network
February 16,2020

Varanasi, Feb 16: Amidst continuing protests against the amended citizenship law, Prime Minister Narendra Modi on Sunday said his government stood by the decision despite all pressure.

"Be it the decision on Article 370 or the Citizenship Amendment Act, it was necessary in the interest of the country. Despite pressure, we stand by our decision and will remain so," he said.

Modi was addressing a public meeting in his Lok Sabha constituency.

Prime Minister Narendra Modi also asserted that the trust set up for construction of the Ram temple in Ayodhya will work "rapidly".

"A trust has been formed for construction of a grand Ram temple in Ayodhya. This trust will work rapidly," he said at a public meeting during his day-long visit to his Lok Sabha constituency.

The government had recently set up the Shri Ram Janmabhoomi Teerth Kshetra on the Supreme Court's directive to the Union government to form a trust that can look into the construction and management of the temple.

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