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English Release 19-April 2014
Date Month Year
  • Prime Minister's Office
  • PM greets the nation on Easter
  • Min of Earth Science
  • Revised Earthquake of the Magnitude
  • Earthquake of Great Magnitude
  • Earthquake of Moderate Magnitude
  • Ministry of Finance
  • Central Board of Direct Taxes Issues Detailed Guidelines for Laying Down Standard Operating Procedure for Verification/Correction of Arrear Tax Demand
  • Central Board of Excise and Customs Issues Rate of Exchange of Foreign Currency to Indian Rupees in Case of Imported and Export Goods

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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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