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Oil Ministry must decide whether to raise LPG cap

By Religare
|

The Finance Ministry on Sunday stressed that the decision to raise the limit on supply of subsidized Liquefied Petroleum Gas (LPG) rests with the Petroleum Ministry and it must bring forward such a proposal if it wishes.

Some members within the Congress party have been calling for the increase in the cap of subsidized LPG cylinders.

"Supply of) six (subsidized) cylinders (per household in a year) was decided by the Cabinet based on the proposal that came from the ministry of petroleum and natural gas. (Now it is) for them to rework it, if they feel it needs to be reworked," Finance Minister P Chidambaram said.

 

The government has fixed the limit on subsided LPG cylinders to six cylinders per household in a year but there have been calls to increase the cap to twelve cylinders per household in a year.

Households have to pay twice the subsidized price of Rs 410.50 per 14.2 kg cylinder above the allowed six cylinders per year.

Story first published: Monday, November 19, 2012, 14:30 [IST]
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