Govt subsidies to oil and gas sector plummet 85% to $3.5 bn in 10 years
Since 2010, India has been systematically reforming fossil fuel subsidies through a ‘remove, target, and shift’ strategy
Since 2010, India has been systematically reforming fossil fuel subsidies through a ‘remove, target, and shift’ strategy
It may be noted that the WPI based inflation in May 2023 contracted 3.48% year-on-year compared with 0.92% contraction in April 2023.
With this, the commercial LPG cylinders will now cost ₹2,119.50 per unit and the domestic LPG cylinders will now cost ₹1,103 per unit in Delhi.
Between the April and June quarter this year, these three OMCs posted a combined loss of ₹18,480 crore.
Sithraman cites latest UNDP report saying targeted transfers help poorer households cope with price spikes
Non-subsidised cooking gas now costs ₹1,053 per 14.2 kg cylinder in Delhi.
Prices of commercial LPG, aviation turbine fuel, and kerosene (non-PDS) have been cut across metros, shows data from Indian Oil.
Non-subsidised cooking gas will now cost ₹1,003 per 14.2-kg cylinder in New Delhi.
The price for commercial liquefied petroleum gas (LPG) cylinder was hiked by ₹250 in Delhi on Friday.