In 2022-23, India’s LPG consumption was 28.5 million tons (MT) and production was 12.8 MT. At over 41.1 percent, LPG imports accounted for the largest share of petroleum product imports in 2022-23. Domestic LPG consumption accounted for over 89 percent of total consumption. The adoption of LPG by low-income households …
When it comes to the cap on the consumption of subsidised domestic LPG cylinders, the Cabinet Committee on Economic Affairs (CCEA), it appears, has two sets of rules — one for the common man, and one for those holding Constitutional posts. While approving the cap on LPG cylinders to six …
The two moves to cut OMCs' underrecovery by Rs 20,300 cr this year In the second major oil sector reform after petrol decontrol of June 2010, the government on Thursday capped subsidised domestic liquefied petroleum gas (LPG) for a consumer to six per year. For a consumer using 12 LPG …
Biting the fuel price hike bullet, the Manmohan Singh government today decided to increase diesel prices by Rs 5 per litre but left kerosene and petrol prices untouched. In a bid to partially plug the subsidy hole owing to cooking gas, the government also decided to limit the number of …
New Delhi: The massive hike of Rs 5 in the price of diesel and the removal of subsidy on cooking gas beyond six cylinders will hit the common man, already caught in a price spiral, very hard. In Delhi, the common man’s anger has already been stoked by a steep …
Diesel Prices: Prices of diesel, LPG and kerosene may be raised from Tuesday when the Cabinet Committee on Political Affairs (CCPA) meets. Though the listed agenda for the CCPA meeting is to discuss the BJP boycott of the Monsoon Session of Parliament, sources said the Petroleum Ministry’s comprehensive proposal on …
The Unique Identification Authority of India (UIDAI) will take up the implementation of the innovative direct transfer of subsidy scheme on a pilot basis in Mysore from the second week of this month. The UIDAI has informed all banks that it will start crediting the subsidy amount to the beneficiaries’ …
New Delhi Consumers may have to brace for steep hikes in the prices of petroleum products such as diesel, kerosene, cooking gas and petrol after Parliament’s monsoon session ends on September 7. Sources say the petroleum ministry has moved a Cabinet note proposing a hike of R5 per litre in …
In a step that is likely to hit consumers further, the Petroleum and Natural Gas Ministry has moved the Cabinet for a hike in prices of diesel, LPG cylinders and kerosene. The Cabinet will also discuss putting a cap on number of subsidised cylinders for each household up to a …
New Delhi The Vijay Kelkar committee has outlined a programme for the Centre to keep its budget deficit in check for the next three years, leaving the 14th Finance Commission (2015-2020) to decide on the action required in subsequent years. The committee set up by the finance minister P Chidambaram …
This report is concerned with the break-up of Indian households by primary source of energy for cooking and primary source of energy for lighting. These break-ups (distributions) are given separately for rural and urban sectors of each State and UT as well as of the country as a whole. The …
Ration card holders will be given free gas connections in lieu of their kerosene quota Chief Minister Sheila Dikshit on Tuesday distributed liquid petroleum gas (LPG) connection papers and stoves to 20 people at a function at Delhi Secretariat to mark the launch of a scheme that aims to make …
Delhi is set to become the first kerosene-free city in the country with the city government all geared up to launch an ambitious scheme on Tuesday under which 3.56 lakh households will get LPG cylinder and a gas stove free of cost. Chief minister Sheila Dikshit had announced the scheme …
New Delhi Falling KG-D6 output, costly imported LNG hem in power plants India's gas-based power stations are facing an uncertain future. Depleting output from Reliance Industries’ KG-D6 block and non-availability of adequate infrastructure to handle liquefied natural gas (LNG) imports are set to trigger suspension of about 7,000 MW of …
Petrol pricing may officially be out of the government’s control, but a veiled intervention by the government has resulted in Indian Oil Corp and other state-run oil marketing firms Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) differing on what is the best solution. BPCL and HPCL …
New Delhi Facing flak for slashing natural gas supplies to fuel-starved power plants across the country so that requirement of one station in Maharashtra can be met, the Oil Ministry has kept in abeyance its order diverting Reliance Industries' KG-D6 gas to Dabhol plant. The ministry had on August 1 …
Nearly 402 families have been uprooted; rescue operations on with the help of the army and paramiltary forces; prime minister, UPA chairperson assures of all possible help Uttarakhand Chief Minister Vijay Bahuguna on Tuesday met Prime Minister Manmohan Singh and sought a relief package of Rs 600-crore for the flood-hit …
This new report by IISD reviews the existing mechanism of subsidy delivery through public distribution systems and examines the possibility of using cash transfers as an option for fossil-fuel subsidy reform. It focuses specifically on kerosene distributed through the PDS and domestic LPG. This report revisits and reviews the existing …
This report makes a broad assessment of the engine technology changes and after-treatment systems being employed by Indian manufacturers of two and three-wheelers to meet the prevalent emission standards (Bharat Stage III) for a range of fuels such as petrol (all two-wheelers), diesel, CNG and LPG (three-wheelers), followed by an …
This policy brief summarizes two research papers on fossil-fuel subsidy reform in India and highlights the key policy recommendations. The Government of India spent over US$ 9 billion subsidizing fuel products – diesel, kerosene, LPG and, to a lesser extent, gasoline – in 2010-11. The Government’s total subsidy expenditure (including …
Petrol, diesel prices rise in some states, fall in some after adjustment in surcharge Oil marketing companies (OMCs) have reworked the surcharge paid towards various state levies. This has led to prices of petroleum products increasing in states such as Maharashtra, Assam and West Bengal and declining in others such …
