You are here: News Home» Topic» Lpg Subsidy»

Lpg Subsidy


'Lpg Subsidy' - 71 News Result(s)

  • IOC Posts Rs 2,523 Crore Profit in June Quarter

    IOC Posts Rs 2,523 Crore Profit in June Quarter

    IOC lost Rs 15,328.34 crore on selling diesel, domestic LPG and kerosene at government controlled rates in April-June this year. The government made good about 40 per cent of this by way of cash subsidy of Rs 6,076 crore. It got another Rs 8,107.21 c...

  • Oil Marketing Companies to Get Rs 11,000 Crore on Subsidy in Q1

    Oil Marketing Companies to Get Rs 11,000 Crore on Subsidy in Q1

    Fuel retailers sell diesel, domestic LPG and kerosene at government controlled rates which are below market price. The loss they thus incur is made good through cash subsidy from the government and dole from upstream firms like ONGC.

  • Oil Ministry to Move Cabinet Panel on Raising LPG, Kerosene Prices: Report

    Oil Ministry to Move Cabinet Panel on Raising LPG, Kerosene Prices: Report

    The Oil Ministry is likely to move the Cabinet Committee on Political Affairs (CCPA) soon with an expert panels recommendations of raising kerosene price by Rs 4 per litre and cooking gas (LPG) rates by Rs 250 per cylinder.

  • LPG Cylinder Prices May Go Up By Rs 5 Every Month: Report

    LPG Cylinder Prices May Go Up By Rs 5 Every Month: Report

    For diesel, the subsidy estimated is Rs 35,736 crore but this will come down if the monthly increases continue as planned, sources said.

  • Oil Ministry Says Raising LPG Cap a Mistake: Report

    Oil Ministry Says Raising LPG Cap a Mistake: Report

    As subsidy bill balloons to $26 billion and oil and natural gas production stagnates, the Oil Ministry feels national oil companies like ONGC are losing focus on their core competence has led to this insipid situation.

  • Cabinet may clear raising LPG cylinder cap at next meeting: Oil Minister

    Cabinet may clear raising LPG cylinder cap at next meeting: Oil Minister

    The Cabinet Committee on Economic Affairs (CCEA) may raise the subsidised LPG (liquefied petroleum gas) cylinder quota from 9 to 12 per household per year at the next meeting, Petroleum Minister M Veerappa Moily said on Friday.

  • Cabinet to consider LPG subsidy cap this week: Moily

    Cabinet to consider LPG subsidy cap this week: Moily

    With Congress vice president Rahul Gandhi pitching strongly for a higher LPG cap, Oil Minister M Veerappa Moily today said the Cabinet is likely to consider increasing the quota of subsidised cooking gas cylinders to 12 from nine per household this w...

  • Oil companies fall as govt readies to dole out more subsidized cylinders

    Oil companies fall as govt readies to dole out more subsidized cylinders

    Raising the cap on the number of subsidized LPG cylinders will lead to an additional subsidy burden of Rs 4,000 crore for the government, analysts estimated.

  • Odisha wants LPG subsidy deadline put off

    Odisha wants LPG subsidy deadline put off

    Odisha has sought an extension of the deadline for implementing the direct transfer of cash subsidy scheme for Liquid Petroleum Gas (LPG) cylinders in the state as many people do not have Aadhaar cards, a top officer said on Sunday.

  • Subsidised LPG cylinder cap to be raised to 12: Oil Minister

    Subsidised LPG cylinder cap to be raised to 12: Oil Minister

    Shortly after he finished speaking, Oil Minister Veerappa Moily announced that it would be done. Two weeks ago, he had said that there was no such proposal to raise the subsidy cap, though several Congress leaders and chief ministers had raised the d...

  • The Rahul effect: subsidised cylinders to be raised to 12 per year, says Veerappa Moily

    The Rahul effect: subsidised cylinders to be raised to 12 per year, says Veerappa Moily

    The government today announced that it would raise the quota of subsidized cooking gas, moments after Rahul Gandhi forcefully raised the demand at a Congress party platform.

  • Rahul Gandhi wants more subsidy on cooking gas

    Rahul Gandhi wants more subsidy on cooking gas

    The demand, if accepted, will further strain federal finances which are under pressure in the face of weak tax receipts in a slowdown-hit economy and rising public expenditure.

  • Delhi, Mumbai LPG consumers to get cash subsidy from January 1: report

    Delhi, Mumbai LPG consumers to get cash subsidy from January 1: report

    Domestic cooking gas consumers in Delhi and Mumbai will from January 1, 2014 get cash subsidy for buying cooking gas refills as the Direct Benefit Transfer for LPG (DBTL) Scheme will be extended to 105 more districts, according to official sources.

  • LPG consumers get Rs 2,000 crore under DBT scheme in 6 months

    LPG consumers get Rs 2,000 crore under DBT scheme in 6 months

    In the last six months, the government has transferred over Rs 2,000 crore in the accounts of 40 million consumers under the Direct Benefit Transfer for LPG (DBTL) scheme in 184 districts.

  • Moily hints at moderation in diesel price hike

    Moily hints at moderation in diesel price hike

    The government-appointed Kirit Parikh committee suggested an "immediate" hike prices of diesel by Rs 5 a litre, Rs 4 per litre in kerosene and Rs 250 per cylinder in LPG, reduce annual entitlement of subsidised cooking gas cylinder from six from nine...

  • ONGC asked to pay record Rs 13,796 cr subsidy for Q2: report

    ONGC asked to pay record Rs 13,796 cr subsidy for Q2: report

    The Oil Ministry on October 31 issued orders asking upstream oil and gas producers like ONGC and Oil India Ltd (OIL) to give Rs 16,729.74 crore to make up for 47 per cent of the Rs 35,328 crore revenue that retailers lost on selling diesel, domestic ...

  • Govt panel recommends Rs 5 hike in diesel prices

    Govt panel recommends Rs 5 hike in diesel prices

    A government panel recommended that India immediately raise diesel prices by about 9.5 percent or 5 rupees a litre and take other measures to cut a huge oil subsidy bill, but its suggestions may prove tough to follow.

  • Govt yet to reimburse money for LPG direct subsidy: oil retailers

    Govt yet to reimburse money for LPG direct subsidy: oil retailers

    IOC and other oil firms have been paying LPG consumers in 54 districts up to Rs 500 to help them buy a 14.2-kg cooking gas refill at market price, which is more than double of Rs 410 per bottle rate in Delhi.

  • LPG DBT rollout in 269 districts, cash subsidy for Delhi consumers by January 1: Chidambaram

    LPG DBT rollout in 269 districts, cash subsidy for Delhi consumers by January 1: Chidambaram

    Following the success of its pilot programme in 20 districts, the scheme to pay LPG subsidy directly to cooking gas consumers will be extended to 269 districts by January 1, Finance Minister P Chidambaram said on Thursday. The minister also said LPG ...

  • Oil retailers to get Rs 8,000 cr subsidy in Q1: report

    Oil retailers to get Rs 8,000 cr subsidy in Q1: report

    Depreciating rupee has resulted in widening losses on fuel sales and oil firms are currently losing Rs 9.29 per litre on diesel, Rs 33.54 a litre on kerosene and Rs 412 per 14.2-kg LPG cylinder.

Advertisement
Advertisement