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English Release 1-November 2014
Date Month Year
  • Prime Minister's Office
  • PM greets People of Madhya Pradesh on State’s Foundation Day
  • PM greets People of Haryana on Haryana Day
  • PM greets the people of Karnataka on Kannada Rajyotsava
  • PM greets the people of Chhattisgarh on their Foundation Day
  • Min of Defence
  • Air Marshal B Suresh Takes Over as Senior Air Staff Officer Western Air Command, IAF
  • Min of Environment and Forests
  • Illegal Wildlife Products to be incinerated at National Zoological Park tomorrow
  • Ministry of Finance
  • Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others – Palm Oil, Crude Palmolein, RBD Palmolein, Others – Palmolein, Crude Soyabean Oil, Brass Scrap (All Grades), Poppy Seeds, Areca Nuts, Gold and Silver Notified
  • Term of the Fourteenth Finance Commission Extended by Two Months up to 31st December, 2014

Previous Date

 
Ministry of Power06-December, 2012 17:53 IST
High Level Committee on Financing Infrastructure Submits its Interim Report

The Minister of State (Independent Charge ) of the Ministry of Power SHRI JYOTIRADITYA M. SCINDIA informed Lok Sabha today that the High Level Committee on Financing Infrastructure under the Chairmanship of Shri Deepak Parekh has submitted its Interim Report to the Government of India on 3.10.2012. The Committee in its recommendation has suggested “rationalization of tariff” in order to maintain the inflow of investment. This would also result in improving the collection efficiency and reducing their losses. The Committee recommends restructuring and rescheduling of accumulated losses while establishing an arrangement where change in fuel price is a pass through and tariffs are revised when necessary. In addition, subsidies should be funded by the State Governments concurrently, and not by withholding payments of power producers or by short-term borrowings from the banking system or by creating regulatory assets, he said

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UM/IK
(Release ID :90107)

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