Posts tagged LPG subsidy

LPG subsidy to be credited directly i...

LPG subsidy to be credited directly in bank accounts from June 1 in 18 districts

Starting June 1, cooking gas (LPG) consumers in 18 districts will get Rs. 435 in their bank accounts when they book an LPG cylinder as the government rolls out its ambitious direct benefit transfer programme to cut its fuel subsidy. The scheme was to be rolled out in 20 districts initially but the launch in […]

Finance Ministry agrees to Rs 1 lakh ...

Finance Ministry agrees to Rs 1 lakh cr diesel, LPG subsidy for FY’13

NEW DELHI: Finance Ministry today agreed to dole out a record Rs 100,000 crore towards diesel and cooking fuel subsidy in 2012-13 but wants pricing formula to be changed from current year to cut down the outgo. Finance Ministry, which had previously given out cash subsidy of Rs 55,000 crore, agreed to give Rs 40,000-45,000 […]