oppn parties LPG Subsidy to MP's is Just Loose Change

News Snippets

  • Gangster Ravi Pujari, who had jumped bail in Senegal, held in South Africa by Senegalese police in a joint operation with RAW and Mangaluru police
  • GSI says gold deposits in Sonabhadra in UP more likely to be around 160 kgs and not 3000 tonnes as erroneously estimated by a mining officer
  • Sitting SC judge, Justice Arun Mishra, calls PM Modi a "visionary" and a "versatile genius"
  • Supreme Court denies any relief to the Nirbhaya convict who claimed he was mentally unstable
  • AAP and BJP engage in a war of words after the government leaves out Kejriwal and Sisodia from US First Lady Melania Trump's visit to a Delhi school to see a happiness class in operation
  • US officials say President Donald Trump likely to raise the issue of religious freedom during his visit to India
  • India accuses China of 'deliberately delaying' permission for a flight to evacuate stranded Indians in Wuhan
  • Income Tax department informed the Madras High Court that nearly 8700 have claimed huge tax deductions for "sales promotion expenses" and "gifts" in a case that against unethical marketing
  • Amulya Leona Noronha, the teen who was arrested for shouting "Pakistan Zindabad" at a rally in Bengaluru, was remanded to 14-day judicial custody
  • PM Modi asks the Ayodhya temple trust to ensure that the temple is built without bitterness in society and peacefully
  • US President Donald Trump says he will talk business with PM Modi during his visit to India this weekend as India is hitting the US "very hard"
  • After meeting PM Modi for the first time as Maharashtra CM, Uddhav Thackeray says the state will implement both CAA and NPR and no one has anything to fear from the two
  • Indian eves beat holders Australia in the opening match of the Women's T20 World Cup. Poonam Yadav spun the Australians out after India posted a below-par score
  • Mediators tell the protestors in Shaheen Bagh that the Supreme Court will listen to them more keenly if they remove the roadblock and move to an alternate site
  • No headway by mediators in the Shaheen Bagh imbroglio. Protestors say adjoining roads are running fine.
Former principal secretary to PM Modi, Nripendra Mishra, appointed to head the temple committee of the Ram Janambhoomi Teertha Kshetra Trust
oppn parties
LPG Subsidy to MP's is Just Loose Change

By Sunil Garodia
First publised on 2015-01-15 16:13:55

About the Author

Sunil Garodia Editor-in-Chief of indiacommentary.com. Current Affairs analyst and political commentator. Writes for a number of publications.
Petroleum minister Dharmendra Pradhan is writing to all MPâ€â"¢s, as well as some state CMâ€â"¢s, to ask them to surrender their subsidized LPG connections and buy the cylinders at market rates. This, he says, will help in cutting the government subsidy bill. If we were to assume that all 543 Lok Sabha and 245 Rajya Sabha MPâ€â"¢s, as also the CMâ€â"¢s of 29 states, give up their subsidized connections, the nation will save Rs. 33 lakh per year in subsidies at current rates. (This has been calculated as 817 persons foregoing Rs 330 per cylinder for 12 subsidized cylinders in a year).

This amount is just loose change when compared with the perks being enjoyed by the MPâ€â"¢s. A look at the table alongside will give a general idea.

ctc-mp-india Source: Be Money Aware Blog

If just the electricity subsidy given to the MPâ€â"¢s is withdrawn, the nation will save Rs 31.5 crore, which is nearly 10 times more than what will be saved if the MPâ€â"¢s give up subsidized LPG connections. Please keep in mind that all the perks given to MPâ€â"¢s are tax free. In addition to these, they also have subsidized canteen facilities in Parliament, pick up and drop from Parliament to place of residence at just Rs 5 per trip, Rs 4 lakh loan at negligible rate of interest to buy a vehicle and grant to buy computers which they can keep after their term is over. You can read the full list at http://164.100.47.134/New_Events_LS/writereaddate/English%20FACILITIES64p.pdf

Hence, as an exercise in reducing subsidies, this is just a gimmick to grab headlines. But such gimmicks have a purpose. If the government manages to persuade the MPâ€â"¢s to give up the subsidized connections, it will set an example. Then, the government can similarly persuade high ranking officials and private individuals having incomes above a certain level. If we believe that corruption flows from top down, then we also have to believe that good social habits will also flow likewise.