None

StaffCorner

 ☰
17 Jan, 2013 02:18 PM

Govt. increases subsidised LPG cylinders to 9

Govt. increases subsidised LPG cylinders to 9 The government today raised the cap on supply of subsidised LPG cylinders to nine from six per year. There was a plan earlier to hike the cap, but was kept on hold as the election commission intervened during the assembly elections

There will be no change in LPG and kerosene rates, Oil Minister M Veerappa Moily told reporters here after the meeting on Cabinet Committee on Political Affairs (CCPA).

Consumers will get a quota of five subsidised cylinders between September 2012 and March 2013 and from April 1, 2013, they will be entitled to nine cylinders per annum. Moily said that the oil companies have been permitted to raise diesel prices by a small quantum periodically till such time that they are able to cover Rs 9.60 per litre loss they incur on the fuel.

The government also partially deregulated diesel prices and in future the price of the fuel would be decided by oil marketing companies.

The diesel price raise may take place as early as tonight.



Whatsapp Share Button

⌂ Go to StaffCorner.com Home Page



Latest in Important News
Latest in Other News Sections


StaffCorner brings you the latest authentic Central Government Employees News.
About us | Privacy Policy | Terms and Conditions | Archives