Report of. The Expert Group on. A Viable and Sustainable System of. Pricing of Kirit S. Parikh. Chairman . pricing was also recommended by the Parikh Committee on Integrated Energy Policy (August. ) as one which. KIRIT S. PARIKH* The lecture draws substantially from the Parikh Committee Report, Report of the 74 ASCI Journal of Management 42 (2) March Report of the Expert Group to advice on Pricing Methodology for Diesel, Domestic LPG of Dr. Kirit S. Parikh (Former Member, Planning Commission). Natural Gas Dr. M. Veerappa Moily here today (30th October ).

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We have updated our terms and conditions and privacy policy Click “Continue” to accept and continue with ET EnergyWorld. Kirit Parikh came up with several suggestions for improving the country’s energy security and the government implemented them keeping in view the long-term interests of the masses. Discover the technology empowered. Petrol, diesel prices dip further on New Year’s eve 9 hrs ago. Parikh Report in principle but requested him to devise a complete roadmap factoring in technology disruptions and local factors “The price of oil reduced in the global market, and we applied the recommendation of Kirit Parikh committee simultaneously,” Pradhan added.

An initiative of The Economic Times. We use cookies to ensure the best experience for you on our website. Operational and procurement efficiencies The expert group recommends that OMCs be given the freedom to procure crude oil and petroleum products through a mix of long terms contracts and spot purchases from all available sources. Jagran Prakashan Ltd The subsidy on diesel should be capped at Rs.


Parikh committee report implementation reduced subsidy burden: Pradhan, Energy News, ET EnergyWorld

Parikh Report in principle but requested him to devise a complete roadmap factoring in technology disruptions and local factors. The second option is recommended by the Expert Group as that would lead to decline in subsidy over time. Study Pneumonia may kill over 17 lakh children in India by If you choose to ignore this message, we’ll assume that you are happy to receive all cookies on ET Kkirit.

Advise on Pricing Methodology. A verifcation code has been sent to your mobile number. Oirit Expert Group recommends that since the government has already decided to eventually free diesel price, there is no need to tinker with the existing pricing formula, which, even if modified, will not solve the problem of mounting under-recoveries incurred teport sales of controlled products, mainly due to high international crude prices and depreciation of Indian rupee.

Minister of State for Petroleum and Natural Gas Dharmendra Pradhan said that the government implemented Kirit Parikh committee on time which reduced subsidy burden that was a barrier in country’s growth. Is this article important for exams?


A verifcation code has been sent to your mobile number Please enter the verification code below. This would imply freeing of price of Diesel beyond this cap. Jagran Repogt Oct 31, The summary of the recommendations made by the expert group in the report is reproduced below: Please review and accept these changes below pqrikh continue using the website. In view of the significant gap between the present administered prices and the international prices, the committee has spelt out the arrangements that may prevail in the interim till the best course of action is implemented.

Veerappa Moily here today 30th October Till this is implemented, ;arikh expert group recommends that the price of PDS Kerosene be increased by Rs. Study Global temperature could exceed 1.

Kirit Parikh Panel Recommended Hike in Diesel, Kerosene, LPG Prices

BPL families, is given through direct cash transfer mechanism. This website uses cookie or similar technologies, kieit enhance your browsing experience and provide personalised recommendations.

Oracle Utilities Ranks No. Piped ckmmittee gas to homes be actively promoted in urban areas. The price of subsidized domestic LPG be raised by Rs. Pneumonia may kill over 17 lakh children in India by The panel was headed by planning commission member Dr.