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HINDU21JULY13 Rethink Rangarajan formula on gas pricing, says House panel Yashwant Sinha-led committee protests price

hike With the Rangarajan formula raising concerns in the government and political circles about windfall gains to corporate houses, the Yashwant Sinha-chaired Parliamentary Standing Committee on Finance has not only sought a rethink on the formula but also asked the Manmohan government to immediately review the decision to raise gas prices from April 2014. Backing the draft report of the Standing Committee, BJP spokesman Prakash Javadekar told The Hindu that the party‘s position was the same as that articulated by Mr. Sinha. The Power and Fertilizer Ministries have already expressed concern over the hike in gas prices and their adverse impact on power tariffs and fertilizer cost. The Left parties also sought a review of the gas pricing formula which, they alleged, was aimed at benefiting certain corporate houses. In its draft report, ―Economic Impact of Revision of Natural Gas Price,‖ accessed by The Hindu, the Committee strongly recommends that the government review forthwith its decision to raise gas prices and come out with fresh pricing ―which is more balanced and holistic and closely related to the audited cost of production and a reasonable return on the capital invested. Arms length pricing cannot be construed to mean logic-less pricing.‖ The decision to seek a review of gas prices comes close on the heels of the strong opposition the government faced from the Left and some other sections over virtually doubling of prices from April 2014. ―The government needs to rethink certain elements in the pricing formula suggested by the Rangarajan panel, which only serves to push the Indian gas price higher than it ought to be. A more realistic formulation better suited to our current priorities may be evolved,‖ says the draft report. Further, there should be a cap on the suggested price under the formula and for this purpose, there should be a ceiling price. It cannot be the case that gas producers will be allowed to reap unlimited gains in the event of an upswing in global prices, at the expense of the core sectors of the economy. ―The government should also subject gas producers to closer regulation, especially on cost recovery and technical parameters related to production. A comprehensive technical study on cost estimates of gas production should be conducted for this purpose.‖ Referring to the continued decline in production, the Committee says the government must ensure that the contractor responsible for delivering the major chunk of gas from KG D6 gasfield makes good the shortfall as per the agreement at the old price of $ 4.2 mbtu, rather than getting the benefit of the new price for previous commitments. ―The important recommendation of the Rangarajan panel of moving to a revenue sharing arrangement with gas producers should be considered. A new production sharing contract [PSC] model should be evolved that will do away with incentives to control production and manipulating investments, while assuring reasonable returns to the producers,‖ says the Committee. The draft report calls for a thorough study on the impact of gas pricing on different sectors of the economy, particularly the core sectors — power and fertilizer. The quantum of subsidy required to compensate these sectors should be precisely arrived at over the medium term.

Over 50 children were rushed to the primary health care centre in Chapra‘s Mashrakh block. procured from the market. The poisoned food claimed the lives of 23 children of in Chapra. It is very toxic to human beings and other animals. Scientists found the presence of monocrotophos — an organophosphorus compound — in the samples of cooking oil and food. a plastic container found at the school. The samples were compared with a pesticide called Hilcron. water and oil from the local cold press extraction process. as well as other material like froth from the mouth of one sick child. when they took ill after eating the midday meal. .” says the draft report Forensic report says pesticide in meal snuffed out young lives Students who fell ill after a mid-day meal in Chapra at a Patna hospital on Saturday. A more realistic formula better suited to our current priorities may be evolved. ―Monocrotophos is used as a pesticide for agricultural purpose. the police said on Saturday. leftover food (rice and vegetable) from the utensils and plates. Poison in mid-day meal 5 times more than in pesticides: Forensic report In an alarming revelation. as well as other material like froth from the mouth of a sick child. the police said on Saturday. however.‖ the press note said.‖ a press release giving details of the forensic report said.‖ the report states. The report of investigators was.— PHOTO: AP In an alarming revelation. ―The peak area of the poisonous substance in the oil was more than five times in comparison to the commercial preparations. the revenue loss should be quantified over this period to grasp fully the i mplications of the price revision on the Union budget. a plastic container found at the school. leftover food (rice and vegetable) from the utensils and plates.―Similarly. procured from the market.‖ the press note said. forensic examination of the midday meal in the affected school in Bihar has found that the poison content in the food was five times more than what is found in insecticides and pesticides. The samples were compared with a pesticide called hilcron. Saran district of Bihar. Scientists found the presence of Monocrotophos — an organophosphorus compound — in the samples of cooking oil and food. Tests were conducted on samples of cooking oil. forensic examination of the mid-day meal in the affected school in Bihar has found that the poison content in the food was five times more than what is found in insecticides and pesticides. ―The peak area of the poisonous substance in the oil was more than five times in comparison to the commercial preparations. ―Monocrotophos is used as a pesticide for agricultural purpose. Tests were conducted on samples of cooking oil. silent on why such quantity of monocrotophos was present in the meal. The report of investigators was however silent on the quantity of Monocrotophos present in the meal and why such a high proportion of the substance was present in the meal. “The Rangarajan formula only serves to push gas price higher than it ought to be. water and oil from the local cold press extraction process.‖ a press release giving details of the forensic report said. It is very toxic to human beings and other animals. The Committee states that as gas pricing will have implications for power tariffs as well. States should also be consulted.

something unthinkable to most observers. At the Patna Medical College and Hospital (PMCH) where children in critical condition were taken on Tuesday night. when they took ill after eating the mid -day meal. adjoining Madhya Pradesh. Suresh‘s family belongs to the goldsmith caste. which led Suresh to commit some robberies.000 ampoules of atropine had been used up so far. He sports a Gandhian cap. medical heads at the respective hospitals told The Hindu . who were suffering from congestion were given atropine — used as a treatment for phosphorous poisoning. Defiant. a dacoit-turnedGandhian is attempting to change that perception. he is also part of a group of intellectuals. In the PHC. It‘s so easy for them to join gangs. Children were administered atropine every 15 to 30 minutes depending on their condition. ―Those who quit violence can reform themselves here. About five to six ampoules of atropine were used at the PHC. Suresh has begun seeking the support and contribution of people. academicians and journalists that envisages a university in Chambal. Now. ―Back then little did I realise that this chain of violence would never end. 12.‖ While he hopes to complete the necessary groundwork for his ambitious ―non -violence‖ institution within a year. At the Chapra government hospital. ―I always believed that for good to win over the bad. based on Gandhiji‘s principles of self-reliance. The ―dream‖ project will cater to the educational needs of people in the Bundelkhand-Chambal region. dacoit-politician nexus and everything else that‘s bad.The poisoned food claimed the lives of 23 children of in Chapra. .‖ he says.P. Suresh committed his first crime at the tender age of 16 after being inspired by the play Rang de Basanti Chola. Saran district of Bihar. Yet. children or elderly people were harmed. he is working to build a school for the young and the old. and distribute the wealth among the poor and the needy. He then shot dead a rich man. Notably. the school will serve as a character-reforming institute for the youth of the area. four children. his friends started seeking favours from him. as if to follow protocol in Chambal of those days.‖ he says. the ravines of Chambal have more often than not been synonymous with feared dacoits. If spotted in a crowd you may even mistake him for an Anna Hazare supporter. In an attempt to dislodge the culture of violence in the ravines. which features the Kakori train robbery sequence. even while committing the most outrageous crimes Suresh made sure that no women. Over 50 children were rushed to the primary health care centre in Chapra‘s Mashrakh block. Though from an early age Suresh was deeply religious and was fond of reading and reciting texts. Gandhiji’s foot soldier: a reformed dacoit strives to end Chambal’s culture of violence Sureshchandra ‗Sarvodaya‘ . he also revered freedom fighters like Bhagat Singh. Photo : Special Arrangement In popular culture. Many stray incidents later.‖ he says. yet for much of his early life he has worn that character. ―We would target the rich in nearby cities of Madhya Pradesh and U. murder. underdevelopment. Sixty-one-year-old Sureshchandra ‗Sarvodaya‘ does not resemble the archetypal Robin Hood figure. one of the most backward areas of the country and often neglected. His father was in the service sector while his mother taught in a primary girl‘s school. ―Besides education and exercise facilities. he even said no when as a child he was set to be married off.‖ As his reputation grew. force is sometimes required. his voice is meek but words strong. After this incident I began to think that it was not entirely wrong to kill for fighting injustice. who was accused of raping a girl in his locality. about 400-500 ampoules of atropine was used. Suresh formed his own gang. Born in Uttar Pradesh‘s Mahoba district.

Suresh went to an ashram in Maharashtra and changed his surname to Sarvodaya. however. Suresh was released from jail in March 1999 after serving a 21 year jail term. a plastic container found at the school. ―Monocrotophos is used as a pesticide for agricultural purpose. the police said on Saturday. His life and perception changed during his stay in jail. water and oil from the local cold press extraction process. as well as other material like froth from the mouth of a sick child. I realised this was fate. The principal provided him with books and Suresh started reading on Gandhiji‘s principles. mostly in forests and ravines but only to be captured again. He even encouraged other dacoits to leave behind their life of violence. including murder and dacoity. Tests were conducted on samples of cooking oil. . Poison content in mid-day meal was five times more than what is found in insecticides: report Monocrotophos is an insecticide used for agriculture purposes as well as in household insecticides Students who fell ill after having their mid-day meal at a Chapra school. Based on his goodwill and ―Sarvodaya‖ nature. The court rejected Suresh‘s bail application. When I was captured again.— PHOTO: AP In an alarming revelation. The more I harmed or killed. Today. ―The first time I was arrested I was angry and burning with vengeance. he decided to live the rest of his life on the basis his principles. recovering at a hospital in Patna on Saturday. when they took ill after eating the midday meal. he carries on the Father of Nation‘s message and travels around the country. delivering lectures in schools and colleges. Over 50 children were rushed to the primary health care centre in Chapra‘s Mashrakh block. Scientists found the presence of monocrotophos — an organophosphorus compound — in the samples of cooking oil and food. Deeply influenced by the Mahatma‘s teachings. silent on why such quantity of monocrotophos was present in the meal. who were suffering from congestion were given atropine — used as a treatment for phosphorus poisoning. ―Unlike most dacoits who are hounded by the police even after their release. police have never had any complaint against me. and sent him to a jail in Kanpur. At the Chapra government hospital.‖ a press release giving details of the forensic report said. four children. In the PHC. participating in film festivals and cultural programmes. procured from the market. The poisoned food claimed the lives of 23 children of in Chapra. However. Children were administered atropine every 15 to 30 minutes depending on their condition.But his run came to an end in 1973. who was booked in at least 20 cases. moved by his father. he was arrested and sentenced to life for murdering a policeman while escaping after a robbery. the more enemies I made. This is when he accepted his destiny. After his release.‖ says Suresh. About five to six ampoules of atropine were used at the PHC. He even used to read out to other prisoners. Saran district of Bihar. about 400-500 ampoules of atropine was used. It is very toxic to human beings and other animals. when aged just 21. leftover food (rice and vegetable) from the utensils and plates. forensic examination of the midday meal in the affected school in Bihar has found that the poison content in the food was five times more than what is found in insecticides and pesticides.‖ the press note said. The samples were compared with a pesticide called hilcron. The life of violence would never end. He went underground and spent his days on the run. ―The peak area of the poisonous substance in the oil was more than five times in comparison to the commercial preparations.‖ he says. after serving just one-and-a-half years behind bars Suresh escaped while he was out on bail. in particular after he attended a lecture on Mahatma Gandhi‘s philosophy of life during one of the rehabilitation missions led by a college principal in Hamidpur. one of Gandhihi‘s ideologies. The report of investigators was.

 Tests conducted on samples of cooking oil. Investigators have made no headway in the probe. American and Colombian authorities are neither confirming nor denying a claim by Colombia‘s main rebel band that it seized the veteran. GAIL would lay this pipeline once the industry comes forward with consumption requirement. Mr.C. ―Our thrust right now is on collection of evidence.000 ampoules of atropine had been used up so far.‖ the TWA said in a statement.S. 1. Mr. and Mr. said it may be possible within six months.000 deaths annually. Organophosphorus pesticides cause poisoning by inhibiting release of enzymes. where children in critical condition were taken on Tuesday night.‖ Gopal Krishna. ―Monocrotophos is an insecticide used for agriculture purposes as well as in household insecticides. It creates a compelling logic for initiating efforts to make Bihar insecticides-free. The Minister noted that 80 per cent of the Dabhol-Bangalore gas pipeline passes through Karnataka. It is banned in the United States because of its toxicity.400 crore. On supply of gas to domestic users in Bangalore. and it may take an year. Moily. in 2000 and it has not been used since 2003. 12. Mr. Its use was banned in the U. which is responsible for about 200.S. Moily said there were plans to lay yet another 140-km pipeline from Chitradurga to Bellary.Chemical banned in many nationsThe use of organophosphorus insecticides is ―banned or restricted in 23 countries and its import is illegal in a total of 50 countries. Mr. Veerappa Moily on Friday said an additional gas pipeline will be laid – a diversion of the Dabhol-Bangalore gas pipeline – from Chitradurga to Udupi passing through Shimoga and Mangalore.S. was shocking. Tripathi said a 50-km pipeline has been laid around Bangalore and now connections should be giv en inside Bangalore. where the tragedy struck. GAIL Chairperson and Managing Director B. The World Health Organisation has classified it as ‗highly hazardous‘ based on its oral toxicity. while Mr. The rebels said in a statement on their website that Kevin Scott Sutay was seized on June 20 and that they have ―made the political decision to release him as a gesture in the context of the peace talks‖ with the government. Lessons from the tragedy in Bihar should not be forgotten. Tripathi said this would cost Rs. told The Hindu . Gopal Krishna said the silence of the Central Insecticides Board and Registration Committee. told a press conf erence here. which comes under the Agriculture Ministry. — AFP . The usage of such insecticides continues to be used because of the political patronage enjoyed by the manufacturers of these insecticides. which now has an opportunity to create a ‗green corridor‘. medical heads at the respective hospitals told The Hindu .At the Patna Medical College and Hospital (PMCH). Tripathi said the pipeline touched the highway every 100 km and noted the possibility of having CNG stations there for the benefit of long-distance buses of KSRTC. Additional Director General of Police (Headquarters). protests were staged once again on Saturday. plastic container in the school  Monocrotophos is used as a pesticide for agricultural purpose State may create ‘green corridor’ Union Petroleum and Natural Gas Minister M. 700 crore. Tripathi said this pipeline on 350-km stretch would cost Rs. soldier’s release Colombia‘s leftist FARC rebels have said they captured a U. FARC rebels offer U. In Gandaman village. Nothing can be said at the moment. soldier last month and are offering his release as a ―gesture‖ toward peace with Bogota. Union Ministry of Agriculture should initiate efforts to recall organophosphorus pesticides. environment and health researcher from ToxicsWatch Alliance (TWA). It was phased out after a large number of organophosphorus poisoning cases in the US.‖ Ravinder Kumar.