The government on Tuesday announced a Rs 200 per cylinder cut in prices of domestic cooking gas as it looked to counter the cheaper LPG promise of the Congress in upcoming assembly elections in states like Madhya Pradesh.
The 5-kg cylinder will be price at market rate.
Now, non-subsidised liquefied petroleum gas price is hiked by Rs 26.5 per 14.2-kg cylinder.
India may have to lean more on West Asian nations for supplies of liquefied petroleum gas (LPG), a cooking fuel, in the coming years after Indian state-run refiners drew up big plans to diversify into producing more profitable petrochemicals. This shift leads to reduced LPG output, Indian refining executives said. The mantra for state-run oil companies, from Indian Oil Corporation (IndianOil) to liquefied natural gas (LNG) importer Petronet LNG, which are looking to diversify their businesses from lower-margin fuels, has been value-added petrochemicals.
In September 2012, the government had capped the number of LPG cylinders at six to reduce the subsidy burden.
The three govt-owned OMCs - IndianOil, BPCL and HPCL - together meet the country's entire LPG cylinder demand.
The opposition party vowed to hit the streets against the "Modi-made inflation" and run a people's movement over price rise.
The recent government decision to restrict supply of subsidised cooking gas cylinders to six per year to each household will see consumption for fuel decline to 4.1 per cent in second half of the fiscal, a report by think-tank CMIE said.
From online frauds to LPG cylinder accidents, manufacturers and service providers give a host of covers.
As the state police declined the provincial administration's directive to allow police stations to be used as distribution points for the supply of liquefied petroleum gas cylinders to the consumers, the crisis has only deepened.
While jet fuel price was increased by Rs 2, subsidised LPG price has been hiked by Rs 4.50 per 14.2-kg cylinder. Non-subsidised LPG to cost Rs 93 more.
Price of non-subsidised cooking gas (LPG) was today cut by Rs 43.50 per cylinder as international oil rates slumped to their lowest since May 2009.
The Tihar jail authorities expect the network, which will carry gas to jail kitchens, to be laid out by April and this will cost about Rs 60 lakh, Director General (Prisons) B K Gupta told reporters. "LPG cylinders are widely used by prisoners during riots in jails and we want to avoid such incidents," he said. During the January 7 jail riots in a Jalandhar prison, the inmates threw LPG cylinders into the fire but luckily, these did not explode.
During an over three-hour hearing on the matter relating to oxygen crisis and shortage of medicines to treat COVID-19 patients in the national capital, the court observed that the "problem lies with the Delhi government" and directed nodal officer Udit Prakash to ensure supply of oxygen by cylinders to hospitals and nursing homes "without fail".
Bajaj Auto, the king of the market for CNG-powered passenger three-wheelers, now wants to replicate this dominance in two-wheelers. The difference is that while the former is zooming - registrations for CNG-powered passenger three-wheelers nearly doubled during January-December 2023 - the latter, meaning a market for CNG-powered two-wheelers, does not exist.
Prime Minister Narendra Modi's brother Prahlad Modi, who is also the vice president of All India Fair Price Shop Dealers' Federation, on Tuesday staged a dharna here with various demands of the organisation. Prahlad along with several other members of the All India Fair Price Shop Dealers' Federation (AIFPSDF) gathered at Jantar Mantar, holding banners and raising slogans.
Domestic cooking gas (LPG) price was on hiked by Rs 3.46 per cylinder after the government raised the commission paid to dealers by over 9 per cent.
If the quota is raised to 12, about 97 per cent of the LPG consumers would be covered by subsidised LPG.
Taking suo moto cognisance of reports of the Centre's move -- ahead of Gujarat assembly polls -- to increase the cap on subsidised LPG cylinders, the Election Commission has directed it to stop the same forthwith. The Commission held an emergency meeting soon after the Minister of Petroleum and Natural Gas M Veerappa Moily said the government will raise the cap on the supply of subsidised cooking gas to nine cylinders per household a year from six at present.
What some of our leaders were up to on Wednesday, March 29, 2023.
The increase in commission - which is normally passed on to consumers - is expected within a couple of weeks.
The BJP lost 15 of the 80 Lok Sabha seats in 2019. Union ministers have been deployed in all 15, tasked with turning the result around.
Domestic LPG costs Rs 348.89 less than the cylinders meant for commercial use and this difference often leads them into restaurants and hotels who are supposed to use only industrial LPG, a Petroleum Ministry official said. All cylinders will be tagged with a unique number and consumers will be issued smart cards. Every time a refill is delivered, the unique number would be stored on the smart cards.
Jet fuel or ATF price on Wednesday was cut by almost 6 per cent after four rounds of monthly increases since July, while commercial cooking gas (LPG) rates were raised by a steep Rs 101.5 per 19-kg cylinder in line with international benchmarks. However, the price of domestic LPG - used in household kitchens for cooking purposes - remained unchanged at Rs 903 per 14.2-kg cylinder. Aviation turbine fuel (ATF) price was cut by Rs 6,854.25, or 5.79 per cent, in the national capital to Rs 111,344.92 per kl from Rs 118,199.17, according to a price notification of state-owned fuel retailers.
A clarification on delinking Aadhaar account from disbursal of subsidised LPG cylinders would be issued within a week, Petroleum and Natural Gas Minister Veerappa Moily said during Question Hour.
In a race to woo voters with freebies ahead of the upcoming state assembly elections, Punjab Congress chief Navjot Singh Sidhu on Monday promised Rs 2,000 per month for women homemakers if his party returns to power.
The decision was taken at a full commission meeting held on Thursday under the chairmanship of Chief Election Commissioner V S Sampath, and communicated to the Union Cabinet, which met to take a call on the matter.
While the TN Government Railway Police sleuths are questioning five passengers, the commissioner of railway safety commenced inquiry over the mishap in Madurai.
A teenaged girl was killed and ten persons, including six fire brigade personnel, were injured when a two-storeyed house collapsed after a domestic cooking gas cylinder burst in an adjoining marriage hall in Bangalore on Wednesday, said the police. The body of the 17-year old girl, reported missing after the collapse, was found under the debris, they said. Police suspect the building collapsed after the cylinder exploded in the adjoining building.
A land-owning class, the Jats are a powerful community and account for 28 per cent of Haryana's population. The time, they believe, has now come for them to take revenge.
Here's how political leaders reacted to the government's decision to hike the price of diesel by Rs 5 and limit the number of subsidised gas cylinders to six per household per year.
He said the Tamil Nadu BJP has written to Union Home Minister Amit Shah seeking a transfer of the case to the National Investigation Agency.
At present, around 12 per cent of around 190 million rural households today use LPG to meet their cooking energy needs.
Eye-witnesses and police said fire engulfed the bus as it skidded into the roadside ditch near Comilla city, while trying to avoid hitting a three-wheeler autorickshaw.
LPG alone will save us Rs 8,000 cr a year: M Veerappa Moily.
She claimed that the Centre has not released funds for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) project for the state and other initiatives of its housing and road departments.
With inflation, oil prices and interest rates rising, Indians are finding it extremely difficult to make ends meet.
Was there a possibility that we might have a part solution today to the power and energy shortages of tomorrow?
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