Govt considering raising cap on LPG cylinders
NEW DELHI (Reuters) - The government is considering raising the cap on the number of subsidised LPG cylinders available to households to nine per year, Oil Minister Veerappa Moily said on Tuesday.
"We are considering raising it shortly. We need to take it to the Cabinet," Moily said, responding to a query on whether a cap on subsidised sale of LPG cylinders would be removed.
In September, India imposed a cap for the sale of subsidised LPG cylinders to six for each household in a year.
(Reporting by Mayank Bhardwaj; Editing by Jo Winterbottom)
- Tweet this
- Share this
- Digg this
India threatened on Friday to block a worldwide reform of custom rules, which some estimates say could add $1 trillion to the global economy and create 21 million jobs, prompting a U.S. warning that its demands could kill global trade reform efforts. Full Article