Decision to hike LPG cap likely to be taken soon
Quotes

Decision to hike LPG cap likely to be taken soon

Last Updated: Friday, January 17, 2014, 17:54
 
 Comment 0
 
Decision to hike LPG cap likely to be taken soon
Zee Media Bureau

New Delhi: The government might increase the quota of subsidised LPG cylinders to 12 per household.

Oil Minister M Veerappa Moily on Friday said that number of subsidised LPG cylinders is likely to be hiked from 9 to 12. The Oil minister said that Cabinet will take a view soon.

Congress General Secretary Rahul Gandhi while addressing thousands of Congress workers and senior party leaders at the AICC meet requested Prime Minister Manmohan Singh that subsidised LPG cylinders should be raised from 9 to 12.

Increasing the limit to 12 would result in an additional fuel subsidy burden of Rs 3,300 crore-5,800 crore for the government.

With a view to cutting its subsidy bill, the government had initially capped the supply of subsidised domestic LPG cylinders to six per household in a year in September 2012. The annual quota was raised to nine in January 2013.



First Published: Friday, January 17, 2014, 17:48


Comments


comments powered by Disqus
New York Auto Show: 2015 Subaru Outback
New York Auto Show: 2015 Subaru Outback
New York Auto Show: Dodge Hot Cars
New York Auto Show: Dodge Hot Cars
New York Auto Show 2014: Hot Cars
New York Auto Show 2014: Hot Cars
Top 10 Fastest-Emerging Cities
Top 10 Fastest-Emerging Cities
Top Businesswomen in India
Top Businesswomen in India

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved