PM to appeal MPs to forego LPG subsidy

MLAs, top bureaucrats will also be asked to set an example

GN Bureau | June 11, 2012



Prime minister Manmohan Singh will soon write to the MPs and MLAs to set an example as people's representatives by forgoing subsidy on liquefied petroleum gas (LPG or the cooking gas), and pay for the cylinders at the commercial rate.

The petroleum ministry expects that this would encourage the rich and affluent also to voluntarily give up the subsidised LPG, instead of the government raising the price to keep its subsidy bill under check, minister of state RPN Singh said on Monday.

The LPG is a controlled commodity and the government is subsidising the oil companies to the tune of Rs 25,000 crore to keep its price for the domestic consumers low at around Rs 400 a cylinder as against the actual price hovering around Rs 1,200 a cylinder.

Singh hopes that the voluntary action of those who can afford to pay the actual price would help the government to keep the LPG price low for the rest.

The voluntary scheme is being proposed as an alternative to a proposal pending with the government to withdraw the LPG subsidy in two phases, first to members of parliament, legislatures and all gazetted officers and second to all families earning more than Rs 50,000 a month.

Comments

 

Other News

India’s freedom struggle was shaped by wider Asian political thought

As we mark 80th anniversary of independence, ‘Asianism and the Fall of Empire’ (HarperCollins India) by historian Mithi Mukherjee offers a new perspective on Ind

What is colonialism? A relook at modern history

The Chromatic World Order: The Fiction That Rules Our World  By Sajid Mohamed Aakar Books  

Monsoon session of parliament adjourns sine die

The Monsoon Session, 2026 of Parliament which commenced on July 20 was adjourned sine die on Thursday. The session provided 19 sittings spread over a period of 25 days.   During the session 11 Bills were introduced in Lok Sabha and 2 Bills were introduced in Rajya Sabha. 12 B

Consumer Justice at a Crossroads

Over the past four decades, India`s consumer protection landscape has undergone a remarkable transformation. What began with the Consumer Protection Act, 1986 as a simple mechanism to empower ordinary citizens has evolved into a comprehensive framework capable of addressing challenges ranging from mislea

Doctors, experts call for ban on junk food ads, mandate warning labels

More than 30 doctors, medical scientists and public health professionals have urged the government to take decisive action against the aggressive advertising and marketing of junk food, calling for a watershed ban on advertisements for foods high in fat, sugar and salt (HFSS) and ultra-processed foods (UPF

Asiatic Lion population rises from 523 in 2015 to 891 in 2025

On World Lion Day 2026, environment, forest and climate change Minister  Bhupender Yadav celebrated India’s remarkable journey in lion conservation and reaffirmed the country’s unwavering commitment to protecting wildlife and biodiversity.   In a post on soc

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter