No proposal to increase number of subsidised LPG cylinders

Tags: News
Union Petroleum Minister Veerappa Moily today said there was no proposal before the government to increase the number of subsidised LPG cylinders from the present nine a year to 12.

"We don't have such a proposal before us", Moily, who arrived here in connection with the formal commissioning of the Petronet LNG terminal at nearby Puthyvype by Prime Minister Manmohan, told reporters here.

"Nine subsidised cylinders a year covers 90 per cent of the consumers. Only 10 per cent are left without subsidy", he said.

People will appreciate the government stand, he said.

On Thursday, Finance Minister P Chidambaram had said in New Delhi that the government will "take a look" at the demand to raise the quota of subsidised LPG cylinders to 12 per household in a year from the current limit of nine.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Lawmakers must not dilute penalties for insurers on mis-selling

    The much delayed insurance laws (amendment) bill is back in the news and the positive statements of finance minister Arun Jaitley suggest that the gov

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

New model for effective education

After interacting with students and teaching community on a ...

Zehra Naqvi

Being unrealistic can be good for you

Depression is a term that most people use very casually ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture