A Parliamentary committee suggested the government to impose a cap on natural gas price once it is linked to the formula proposed by the Rangarajan panel from April 2014. The Parliamentary committee suggested the cap in order to avoid the potential for unlimited gains to local producers owing to an upswing in
Tag: parliamentary
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Govt aims to award 30 port projects in FY14
Union Shipping Minister GK Vasan informed a parliamentary consultative committee in Mumbai that the ministry aims to award 30 projects worth Rs 24,633 crore in 2013-14. These projects may increase capacity of ports in the country by 288.48 million tonne, the minister said. Further, the minister pointed out that the achie