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 …
The Delhi Cabinet on Monday decided to make the LPG cylinder cheaper by `40 for the BPL and Antyodaya card holders. It also decided to make diesel 37 paise cheaper in the city. However, the city government's decision would not ease the hardships of non-BPL, non Antyodaya card holders. The …
New Delhi Despite a wider excise duty difference between petrol and diesel, the group of ministers on fuel pricing led by finance minister Pranab Mukherjee has ruled out imposing any additional excise duty on diesel cars, which was proposed last year in a report by former Planning Commission member Kirit …
Agartala: The Communist Party of India-Marxist (CPI-M)-led ruling Left Front in Tripura on Saturday called for a 12-hour shutdown in the state Monday to protest against the hike in fuel prices. Left Front spokesperson Gautam Das told reporters here that by increasing prices of petrol, diesel, kerosene and cooking gas, …
Haryana Chief Minister Bhupinder Singh Hooda on Sunday announced that five per cent Value Added Tax (VAT) levied on kerosene would be waived off. He said here that the decision to make kerosene VAT-free would make it cheaper by 70 paise per litre and now it would cost Rs.14 per …
In a bid to bring some respite to the bleeding oil marketing companies (OMCs), the empowered group of ministers (EGoM) headed by Finance Minister Pranab Mukherjee will meet today to review the diesel and domestic LPG prices. The meet could lead to a diesel price hike which was last revised …
With an eye to reduce deforestation, Environment Minister Jairam Ramesh has come out strongly in favour providing alternative cooking fuels to villagers living in and around forests. At present, villagers depend on firewood, which they collect from the forests. Ramesh has argued for targeted subsidising of cooking gas for 1,72,000 …
Petroleum minister S Jaipal Reddy has sought an immediate rise in the prices of diesel, kerosene and domestic liquefied petroleum gas (LPG). The empowered group of ministers on fuel pricing was likely to meet soon, he said today. The finance minister Pranab Mukherjee-headed group was first supposed to meet on …
Switching rural India on to renewable energy sources could help the country bridge its widening energy deficit, according to the Planning Commission. The panel has suggested diversification of the rural energy basket as a measure to deal with the shortage of fuel at thermal power stations and to check the …
Chief Minister, Omar Abdullah, Wednesday gave a nod to the prestigious project of 750 kilometers gas pipeline from Bathinda-Jammu to Srinagar to be completed within 36 months from the launch of project. Chairing a high level meeting in this regard here, the Chief Minister highlighted the significance of this facility …
The government has yet again deferred a decision on raising prices of diesel, kerosene and cooking gas, needed to rein in the fiscal gap, government sources said on Wednesday, as it deals with one of the worst political crises in recent years. It was the third time in two months …
Finance minister Pranab Mukherjee on Tuesday suggested that the government was open to increasing the fuel subsidy beyond the budgeted level, if needed. The statement made during an interaction with over 30 institutional investors is likely to provide comfort to oil marketing companies which are saddled with mounting losses due …
Keeping in view of cash subsidy for kerosene oil, the Ministry of Petroleum and Natural Gas has released only 33 per cent allocation of kerosene oil to Delhi for June and July. In other words, 67 per cent allocation of kerosene oil has been reduced. This led to heart burn …
The Delhi Government is all set to introduce cash subsidy to all BPL and AAY card holder families using kerosene as fuel switchover to LPG. To make Delhi a kerosene free city, the Ministry of Petroleum and Natural Gas has set up a joint working group to look at modalities …
One of the priorities that have emerged in recent years is the need to strengthen India’s social safety net and improve the delivery mechanisms of poverty alleviation programs. This is to ensure that vulnerable groups can withstand unforeseen shocks to income and continue to access basic goods and services at …
This study provides the review of two World Bank experts on the 19 household projects supported by the Bank. The study provides eight lessons, namely: (1) holistic approach to household fuels is needed: the fuel-wood supply has to be sustainable; improved stoves and alternative fuels are needed; and institutions must …
Group of ministers to meet on June 9, quantum of increase the only issue, says senior official With Assembly elections over and the latest increase in petrol prices almost two weeks old, the government is set to make diesel, kerosene and domestic LPG more expensive. The Ministry of Petroleum and …
Hindustan Petroleum Corporation Ltd (HPCL) has claimed that the proposed 165-km pipeline for liquefied petroleum gas (LPG) from Uran, near Mumbai, to Shikrapur via Chakan in Pune district will not pose any safety hazard for villages along its route. This was revealed to DNA by the senior regional manager HPCL, …
The Government of India has announced that subsidies on fertilisers, kerosene and liquefied petroleum gas will be replaced by cash transfers to end users. A close examination of the objectives of the subsidies in fertiliser and kerosene and the implications of the shift raises some challenging questions. While there is …
Finance minister Pranab Mukherjee on Sunday said the Empowered Group of Ministers headed by him would decide on the price hike of diesel, LPG and kerosene when it meets next week.
