No price hike for domestic LPG cylinders: Pradhan

The price of domestic LPG cylinders will not be increased and the number of subsidised refills given to consumers would continue, Union Petroleum Minister Dharmendra Pradhan said today.

"LPG will be provided to the consumers at the same rate at which it is being made available now. No additional burden will be imposed on them. The subsidy and the number of subsidised cylinders that people are getting will be continued by our government," Pradhan told reporters here.

About petrol and diesel prices, he said these are big issues and the central government is paying attention to them.

"Petrol prices have been out of control since 2006 when it was connected to the market price mechanism. Diesel prices are still under control with subsidies.

"There is a need to increase oil and gas production in the country. The policy should be such that neither the government nor the farmers and poor should feel burdened," the minister said.

Pradhan, who is scheduled to take stock of the oil and gas situation in Bihar at a meeting with Indian Oil Corporation officials during the day, expressed concerns over the low LPG penetration in the state, which is 26 per cent as compared to 45-50 per cent in others.

At the meeting, the condition of Barauni refinery in Bihar would be reviewed, besides the status of the proposed gas pipeline between Haldia to Jagdishpur.

Low LPG penetration will also be reviewed, he added.

EDITORIAL OF THE DAY

  • RBI must now educate investors on the benefits of debt market

    It is uncommon for the central bank to act on a policy decision within a week of submission of a specialist report.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Urs Schoettli

Japan needs more women in high office

Japan does not rank high in international tables, when it ...

Kuruvilla Pandikattu

Giving up faith is a complex act

We have met many people who have given up religion ...

Shona Adhikari

Belated recognition of women in America's modern art movement

This week we focus on a very important exhibition that ...