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The issue of price hike of natural gas
in Current Affairs & Latest News
Kejriwal has filed a case againt Mukesh Ambani, Union ministers and some others about 'corruption' in the matter of gas pricing. Veerappa Moily has explained at length the issue stating that dispute is in arbitration and government has to go by contract. But it is not understandable how pricing issue can be considered as corruption. Rather this is a technical issue involving financial analysis.


http://www.financialexpress.com/news/arvind-kejriwal-complaint-veerappa-moily-writes-to-pm-gives-rationale-behind-gas-price-hike/1228795

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

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    Kejriwal has filed a case againt Mukesh Ambani, Union ministers and some others about 'corruption' in the matter of gas pricing. Veerappa Moily has explained at length the issue stating that dispute is in arbitration and government has to go by contract. But it is not understandable how pricing issue can be considered as corruption. Rather this is a technical issue involving financial analysis.


    http://www.financialexpress.com/news/arvind-kejriwal-complaint-veerappa-moily-writes-to-pm-gives-rationale-behind-gas-price-
    hike/1228795


    Moily's explanation to PMO "In view of the contractual provision under the PSC, the government will not be able to terminate the contract on account of shortfall in production as the matter is pending before the arbitral tribunal," is sensible.What more Kejriwal wants ?
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    Kejriwal has filed a case againt Mukesh Ambani, Union ministers and some others about 'corruption' in the matter of gas pricing. Veerappa Moily has explained at length the issue stating that dispute is in arbitration and government has to go by contract. But it is not understandable how pricing issue can be considered as corruption. Rather this is a technical issue involving financial analysis.


    http://www.financialexpress.com/news/arvind-kejriwal-complaint-veerappa-moily-writes-to-pm-gives-rationale-behind-gas-price-hike/1228795


    Kejriwal has brought our attention to an important issue. But to blame everything on corruption is not right. He has no solid proof of his accusations.
    Thank you said by: Gulshan Kumar Ajmani
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    Kejriwal has filed a case againt Mukesh Ambani, Union ministers and some others about 'corruption' in the matter of gas pricing. Veerappa Moily has explained at length the issue stating that dispute is in arbitration and government has to go by contract. But it is not understandable how pricing issue can be considered as corruption. Rather this is a technical issue involving financial analysis.


    http://www.financialexpress.com/news/arvind-kejriwal-complaint-veerappa-moily-writes-to-pm-gives-rationale-behind-gas-price-hike/1228795


    Kejriwal has brought our attention to an important issue. But to blame everything on corruption is not right. He has no solid proof of his accusations.


    This is how, Kejriwal is jeopardizing his popularity.He is unable to identify a just cause on which he can fight. It's not going to help him in anyway.
    Thank you said by: Gulshan Kumar Ajmani
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    Pricing is a contractual issue and Mr. Kejriwal is making mountain out of mole, though the capacity of production is a serious issue and why less production of natural gas despite plenty whether is is aimed at making deliberate ploy to create short fall of gas, it is a matter which is at court says the oily minister.

    http://mohanmekap.com/

    Thank you said by: Gulshan Kumar Ajmani
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    Kejriwal has filed a case againt Mukesh Ambani, Union ministers and some others about 'corruption' in the matter of gas pricing. Veerappa Moily has explained at length the issue stating that dispute is in arbitration and government has to go by contract. But it is not understandable how pricing issue can be considered as corruption. Rather this is a technical issue involving financial analysis.


    http://www.financialexpress.com/news/arvind-kejriwal-complaint-veerappa-moily-writes-to-pm-gives-rationale-behind-gas-price-hike/1228795


    Kejriwal has brought our attention to an important issue. But to blame everything on corruption is not right. He has no solid proof of his accusations.


    This is actually not a corruption issue. This is matter of pricing of gas supplied from ocean source. Here, apart from direct cost of extracting gas, the cost of exploration, research and capital employed are relevant. The company is being paid at international rate. If govt compels Reliance to sell the gas at price lower than intrenational as suggested by Kejriwal, very likley the company will stop exploring oil in India and go to other countries where they get higher price. In global economy, you cannot pay less than international rate. The minister Moily correctly observed that Kejriwal does not understand the diference between drawing water from a well and gas from ocean source.

    G. K. Ajmani Tax consultant
    http://gkajmani-mystraythoughts.blogspot.com/

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    Kejriwal has filed a case againt Mukesh Ambani, Union ministers and some others about 'corruption' in the matter of gas pricing. Veerappa Moily has explained at length the issue stating that dispute is in arbitration and government has to go by contract. But it is not understandable how pricing issue can be considered as corruption. Rather this is a technical issue involving financial analysis.


    http://www.financialexpress.com/news/arvind-kejriwal-complaint-veerappa-moily-writes-to-pm-gives-rationale-behind-gas-price-hike/1228795


    Kejriwal has brought our attention to an important issue. But to blame everything on corruption is not right. He has no solid proof of his accusations.


    This is actually not a corruption issue. This is matter of pricing of gas supplied from ocean source. Here, apart from direct cost of extracting gas, the cost of exploration, research and capital employed are relevant. The company is being paid at international rate. If govt compels Reliance to sell the gas at price lower than intrenational as suggested by Kejriwal, very likley the company will stop exploring oil in India and go to other countries where they get higher price. In global economy, you cannot pay less than international rate. The minister Moily correctly observed that Kejriwal does not understand the diference between drawing water from a well and gas from ocean source.
    It is 17 year contract and absoultely Kejriwal as always knows everything and hides something while speaking in public, he is not an illiterate, and now the quesiton is why Reliance is withdrawing less gas than contractual limits.

    http://mohanmekap.com/

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    The adamant attitude of Kejriwal should be stopped and think of fighting for welfare issues.Fighting for irrelevant issues will create hatred on him.
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    The adamant attitude of Kejriwal should be stopped and think of fighting for welfare issues.Fighting for irrelevant issues will create hatred on him.


    Kejriwal and his associates will say and do what they like. Let us not be fooled by them. I expect that Kejriwal group will vanish soon after the parliamentary elections. His mentor Anna is also opposed to his tactics.

    G. K. Ajmani Tax consultant
    http://gkajmani-mystraythoughts.blogspot.com/

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    The adamant attitude of Kejriwal should be stopped and think of fighting for welfare issues.Fighting for irrelevant issues will create hatred on him.


    Kejriwal and his associates will say and do what they like. Let us not be fooled by them. I expect that Kejriwal group will vanish soon after the parliamentary elections. His mentor Anna is also opposed to his tactics.
    Absolutely, Indian politics has never ever been so low tide, with false allegations and false works are announced day after day.

    http://mohanmekap.com/

    Thank you said by: Gulshan Kumar Ajmani
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    The adamant attitude of Kejriwal should be stopped and think of fighting for welfare issues.Fighting for irrelevant issues will create hatred on him.


    Kejriwal and his associates will say and do what they like. Let us not be fooled by them. I expect that Kejriwal group will vanish soon after the parliamentary elections. His mentor Anna is also opposed to his tactics.
    Absolutely, Indian politics has never ever been so low tide, with false allegations and false works are announced day after day.


    It seems like a hobby of Kejriwal to accuse any one without proof and shout in front of the media to get attention.
    Thank you said by: Gulshan Kumar Ajmani
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