Arvind Kejriwal wins, Election Commission defers gas hike
The Election Commission on Monday asked the government to defer till the elections the controversial doubling of natural gas prices for companies like RIL from next month. The EC was acting on a petition from the Aam Aadmi Party.
After the EC decision, the UPA government is left with no option but to leave the implementation of the Rangarajan pricing formula, that would have hiked gas price from $4.2 per million British thermal unit to $8.3 from April 1, to the new government.
The decision will impact only Reliance Industries, which produces less than 15 per cent of domestic gas, whose contracts end on March 31. The new government may not want to implement the formula, which has been severely criticised in several quarters including user industries like fertiliser and power, for including the cost of importing gas (LNG) in determining rates for domestically produced gas.
Following the EC order, AAP president Arvind Kejriwal tweeted: “After elections, if cong comes to power, gas price wud be 8 dollars. If BJP comes to power, it wud be 16 dollars. AAP wants 4 dollars. more
After the EC decision, the UPA government is left with no option but to leave the implementation of the Rangarajan pricing formula, that would have hiked gas price from $4.2 per million British thermal unit to $8.3 from April 1, to the new government.
The decision will impact only Reliance Industries, which produces less than 15 per cent of domestic gas, whose contracts end on March 31. The new government may not want to implement the formula, which has been severely criticised in several quarters including user industries like fertiliser and power, for including the cost of importing gas (LNG) in determining rates for domestically produced gas.
Following the EC order, AAP president Arvind Kejriwal tweeted: “After elections, if cong comes to power, gas price wud be 8 dollars. If BJP comes to power, it wud be 16 dollars. AAP wants 4 dollars. more
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Yes, sir, Mr Arvind Kejriwal has a decent vision which will be helpful for the poor and common people more
Mar 28
Hi Vinita--It is definitely a win for AAP and for the value of vision AK has for the economy of this country and for the poor people.Lets see more and for that we need to reach maximum people with this message so that people are able to choose whom to vote in forth coming Lok Sabha Election.Lets do it. more
Mar 27
Amit Sharma ji, please think broadly and not by narrow minded. Yes some politician can extend some special benefit to you, but he/she could not special benefits to the whole society/nation/country. So do not run behind him/her. Support and vote for AAP which talks about eradication of corruption from the nation. more
Mar 27
Yes, Ajit Datt ji, you are right. We should support and vote for AAP and only AAP which talks about eradication of corruption from the country. more
Mar 27
