Pressing ahead with the Kelkar Committee recommendations and grappling with massive under-recoveries, the Petroleum and Natural Gas Ministry has initiated a Cabinet note to raise the cap on subsidised LPG supply from six to nine cylinders a household a year, and increase diesel, LPG and kerosene prices in phases.
As the Finance Ministry refused to share the subsidy burden of the oil marketing companies, the Petroleum Ministry is pressing for a phased price increase to cut the subsidy down to the bare minimum during the next two-four years.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/petroleum-ministry-presses-fuel-price-hike-wipe-out-subsidy
[2] http://admin.indiaenvironmentportal.org.in/category/author/sujay-mehdudia
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/hindu-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/lpg
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-and-natural-gas
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/kerosene
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/diesel
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
