Govt has no immediate plan to remove subsidy on LPG, says Pradhan

Union Minister of State for Petroleum and Natural Gas Dharmendra Pradhan said the government had no immediate plan to remove the subsidy on Liquefied Petroleum Gas (LPG).

Moily to launch sale of 5-kg gas cylinders in Delhi Tuesday

The scheme is now being launched in Delhi tomorrow, official sources said.

Decision to hike LPG cap likely to be taken soon

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

OilMin considering raising subsidised LPG cap to 12

Under pressure from his party, Oil Minister M Veerappa Moily Sunday said the government is considering increasing the quota of subsidised LPG cylinders to 12 per household even as hints were dropped of a one-time hike in diesel and LPG rates.

Fin Min agrees to Rs 1 lakh cr diesel, LPG subsidy for FY'13

Finance Ministry on Wednesday agreed to dole out a record Rs 100,000 crore towards diesel and cooking fuel subsidy in 2012-13 but wants pricing formula to be changed from current year to cut down the outgo.

Government plans to give LPG subsidy in cash to beneficiaries

Finance Minister P Chidambaram on Saturday said he will meet Oil Minister M Veerappa Moily shortly to finalise schedule for rolling out direct transfer of cash subsidy to cooking gas (LPG) consumers.

Govt looking at LPG subsidy cut, partial decontrol of diesel

The government is close to taking a decision on capping the number of subsidised LPG cylinders to econonomically not weaker sections to bring down the subsidies by up to Rs 10,000 crore annually.