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Subsidised LPG cap to be raised from 6 to 10 cylinders?

Last Updated: Monday, September 17, 2012 - 14:16

Zeebiz Bureau

New Delhi: With its allies and the Opposition calling for a rollback in the hike of diesel prices and the cap on LPG cylinder supply, the government is likely to announce a partial rollback of the cap on subsidised cooking gas.

According to reports, Monday, the government is mulling the option of increasing the number of LPG cylinders to be made available at subsidised rates from the current six cylinders to 10 per year.

The government’s hand may be forced by the tough stand taken by allies with the TMC having given a 72-hour deadline (ending tomorrow) for the government to rollback the hike in fuel prices.

The BJP led NDA has given a nationwide strike call on September 20 to protstest fule price hike and FDI in retail.

Besides the NDA, the four Left parties, SP, BJD, TDP and JD(S) have given a separate strike call on the same day.

And it is not just the other parties, a section within the Congress is said to be upset over the cap on LPG and is pressurizing the high command to push the government for a rellok, reports claimed.

Last Thursday, the Manmohan Singh government had hiked the prices of diesel by a steep Rs 5.62 per litre and restricted the supply of subsidised cooking gas to 6 cylinders per household in a year to fetch an additional Rs 20,300 crore.

The Cabinet Committee on Political Affairs (CCPA) chaired by Prime Minister Manmohan Singh had taken the decisions and decided that each household will get 6 cylinders of 14.2-kg per annum at the subsidised rate of Rs 399 and any requirement beyond that would have to be procured at the market rate of Rs 746 per bottle.

First Published: Monday, September 17, 2012 - 13:40
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