Petroleum ministry readies cabinet note on proposed hike in subsidised LPG cap

Petroleum ministry readies cabinet note on proposed hike in subsidised LPG cap

The proposal to hike the quota of subsidised LPG (cooking gas) cylinders from 9 to 12 per household per year has been readied and may be placed before the Cabinet Committee on Economic Affairs (CCEA) on Monday, a senior official from the ministry of petroleum has revealed.

Requesting anonymity, the official said that the note might either come up before the CCEA on Monday or sometime later this week before the Cabinet Committee on Political Affairs (CCPA).

Speaking on the topic, the official said, "The proposal to increase the cap to 12 cylinders a year has been readied and may either come up before the Cabinet Committee on Economic Affairs on Monday or sometime during the week before the Cabinet Committee on Political Affairs (CCPA)."

The Congress-led UPA Government had initially capped the supply of subsidised LPG cylinders to 6 per household per year in September 2012 with a sole aim to reduce subsidy burden. But, the government hiked the annual quota to 9 in January last year.

Around a couple of day back, Congress Vice President Rahul Gandhi made a strong pitch at the AICC session for increasing the quota of subsidised LPG cylinders from 9 to 12 per household per year.

The move, which is being seen as an effort by Congress to appease inflation-hit voters ahead of general elections, will result in an additional estimated subsidy burden of more than Rs 4,000 crore on the exchequer.

Tagged with

Warning: Table './gdtech24_swinn/accesslog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO accesslog (title, path, url, hostname, uid, sid, timer, timestamp) values('', 'node/10318', '', '54.197.104.221', 0, '2e9e7b426654bb8df9589a529d763ff2', 23, 1490499475) in /home/gdtech24/public_html/stockwatchin/includes/database.mysql.inc on line 135