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Home > News > 12-cylinder carrot to lure support for fuel price hike > 12-cylinder carrot to lure support for fuel price hike

12-cylinder carrot to lure support for fuel price hike [1]

In a bid to neutralise political opposition to planned fuel price hikes, the government is considering a two-step process: First, allow up to 12 subsidised domestic gas cylinders per year from the currently proposed nine and later, raise prices of LPG and diesel in a phased manner.

Sources told FE that a compromise is being worked out after some Cabinet ministers termed the six-cylinder cap and the proposed fuel price hike as “politically suicidal”. A section of the ruling coalition too feels these steps could cost the UPA at the hustings.

Publication Date: 
15/01/2013
Subhash Narayan [2], Prashant Mukherjee [3]
Financial Express (New Delhi) [4]
Tags:
LPG [5], Subsidies [6], Diesel [7], Fuel Pricing [8], Ministry of Petroleum and Natural Gas [9], Kerosene [10], Petrochemical Industry [11], Energy [12]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/12-cylinder-carrot-lure-support-fuel-price-hike

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/12-cylinder-carrot-lure-support-fuel-price-hike
[2] http://admin.indiaenvironmentportal.org.in/category/author/subhash-narayan
[3] http://admin.indiaenvironmentportal.org.in/category/author/prashant-mukherjee
[4] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/lpg
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/diesel
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-and-natural-gas
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/kerosene
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrochemical-industry
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy