Breaking News Subsidised LPG cap to be raised from 6 to 10 cylinders?

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New Delhi: With its allies and the Opposition calling for a rollback in the hike of diesel prices and the cap on LPG cylinder supply, the government is likely to announce a partial rollback of the cap on subsidized cooking gas.

According to reports, Monday, the government is mulling the option of increasing the number of LPG cylinders to be made available at subsidized rates from the current six cylinders to 10 per year.

The government’s hand may be forced by the tough stand taken by allies with the TMC having given a 72-hour deadline (ending tomorrow) for the government to rollback the hike in fuel prices.

The BJP led NDA has given a nationwide strike call on September 20 to protstest fule price hike and FDI in retail.

Besides the NDA, the four Left parties, SP, BJD, TDP and JD(S) have given a separate strike call on the same day.

And it is not just the other parties, a section within the Congress is said to be upset over the cap on LPG and is pressurizing the high command to push the government for a rellok, reports claimed.

Last Thursday, the Manmohan Singh government had hiked the prices of diesel by a steep Rs 5.62 per litre and restricted the supply of subsidised cooking gas to 6 cylinders per household in a year to fetch an additional Rs 20,300 crore.

The Cabinet Committee on Political Affairs (CCPA) chaired by Prime Minister Manmohan Singh had taken the decisions and decided that each household will get 6 cylinders of 14.2-kg per annum at the subsidised rate of Rs 399 and any requirement beyond that would have to be procured at the market rate of Rs 746 per bottle.
 

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As expected and tweeted by Arvind Kejrival, Diesel prices will be reduced by Re 1 and LPG cylinder will be increased.

And moreover to divert the attention of citizens and ministers from Diesel & LPG, Govt announced FDI across various sectors. :beat:
 

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Govt considering raising cap on subsidised LPG cylinders


Government is considering raising cap on supply of subsidised LPG cylinders and a decision will be taken in the "next few days", Petroleum and Natural Gas Minister M Veerappa Moily said in the Lok Sabha on Friday. "We are considering it (giving more than six subsidised cylinders) and need a few days time," he said during Question Hour.

"We are applying our mind on this issue," he said after Opposition members cornered the government on the LPG cap and demanded that the decision be rolled back as it affected the common man who is already burdened by price rise. Moily said he will discuss with the Finance Minister and the Prime Minister as to what the government could do.

He said the government knew the hardships faced by women and it has received several representations from the people and MPs on it. His response came on a supplementary raised by Leader of the Opposition Sushma Swaraj who said this was for the first time that a government has rationed LPG cylinders to only six per family per year. Families which need more than six cylinders will have to shell out Rs 900 per bottle, he said.


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