LPG

  • Subsidies to be rationalised, joint session on insurance: Arun Jaitley January 23, 2015

    Davos: Wooing global investors, Finance Minister Arun Jaitley on Thursday hinted at rationalising subsidies on kerosene and cooking gas, rebuilding credibility of taxation structure and calling a joint session of Parliament to get the insurance bill passed if it is not cleared in the coming session. Laying the fiscal road map...
  • Centre urges MPs, CMs to give up subsidised LPG cylinders to cut government's subsidy bill January 13, 2015

    New Delhi: In a move to cut the government's subsidy bill, Petroleum Minister Dharmendra Pradhan has called on VIPs to give up their subsidy on LPG gas cylinders. Pradhan is expected to write to Members of Parliament across party lines. According to sources, he has already spoken to three chief...
  • Rajasthan, Jharkhand CMs give up subsidised LPG January 11, 2015

    Greater Noida (UP): After Union Ministers, state Chief Ministers have also started giving up the use of subsidised cooking gas (LPG) to help better target subsidies for those actually deserving. In a unique initiative, Oil Minister Dharmendra Pradhan is calling up one VIP everyday across the country to request them to...
  • Oil Minister rings up VIPs with request to give up subsidised LPG January 10, 2015

    New Delhi: In a unique drive, Oil Minister Dharmendra Pradhan is making personal calls to one VIP everyday to request them to give up buying subsidised cooking gas (LPG). Keen to ensure that the subsidised fuel reaches only those needing it, Pradhan surrendered his subsidised LPG connection soon after becoming...
  • Centre launches sale of subsidised 5-kg LPG cylinders for BPL January 5, 2015

    Bhubaneswar: Union Petroleum Minister Dharmendra Pradhan on Monday launched the sale of subsidised 5-kg LPG cylinders for BPL families and others. He also announced Centre's plan to introduce smaller cooking gas cylinders weighing even one and two kgs. "LPG being a cleaner fuel, helps in creating better and smoke less...
  • Non-subsidised LPG rate cut by Rs 43.50 per cylinder January 1, 2015

    New Delhi: Price of non-subsidised cooking gas (LPG) was cut by Rs 43.50 per cylinder as international oil rates slumped to their lowest since May 2009. A 14.2-kg cylinder of non-subsidised LPG will now cost Rs 708.50, down from Rs 752 previously, in Delhi, oil companies announced. This is the fifth...
  • DBT for LPG world's largest direct benefit transfer scheme December 25, 2014

    New Delhi: The ambitious scheme of giving cash subsidy on cooking gas directly to consumers has become the world's largest direct benefit transfer with 2.5 crore households getting about Rs 550 crore since November 15. The direct benefit transfer on LPG (DBTL), under which cash...
  • Aadhaar not mandatory for LPG subsidy; bank account sufficient: Government December 15, 2014

    New Delhi: Government on Monday made it clear that Aadhaar number was not mandatory for transfer of subsidy amount of LPG cylinder and the option of providing a bank account is also available under the Direct Benefit Transfer of LPG (DBTL). Petroleum Minister Dharmendra Pradhan informed Lok Sabha that under the...
  • News360: 13 CRPF personnel killed in Naxal attack in Chhattisgarh December 1, 2014

    In yet another attack on Central Reserve Police Force (CRPF) on Monday, the Naxals killed 13 CRPF personnel who were stationed at Chintagufa in Sukma district of Chhattisgarh for an ongoing anti-Naxal operation. Union Home Minister Rajnath Singh spoke to CRPF officers to take first hand account of what happened....
  • Non-subsidised LPG price cut by Rs 113 per cylinder December 1, 2014

    New Delhi: Price of non-subsidized cooking gas (LPG) on Monday was cut by a steep Rs 113 per cylinder and that of jet fuel (ATF) by 4.1 per cent as international oil rates slumped to multi-year lows. A 14.2-kg cylinder of non-subsidized LPG will now cost Rs 752, down from...
  • Government may do away with LPG subsidy for rich: Finance Minister Arun Jaitley November 21, 2014

    New Delhi: Government is considering doing away with the LPG subsidy for the well-off, Finance Minister Arun Jaitley said on Friday. "The next important decision India will have to take is whether people like me...(are) entitled to get our LPG subsidy," he said at the HT Leadership Summit in New Delhi. "I...
  • Jet fuel prices slashed by 7.3 per cent, no cut on fares November 2, 2014

    New Delhi: Jet fuel (ATF) rates were cut by a steep 7.3 per cent, the fourth straight reduction in prices since August on back of falling international oil rates. The price of aviation turbine fuel (ATF), or jet fuel, at Delhi was cut by Rs 4,987.7 per kilolitre, or 7.3 per...
  • Petrol price cut by Rs 2.41 a litre ,diesel rate lowered by Rs 2.25 with effect from midnight October 31, 2014

    New Delhi: Petrol price was on Friday cut by Rs 2.41 a litre, the sixth reduction since August, and diesel by Rs 2.25 per litre on back of falling international oil rates. The reduction in rates of petrol and diesel, which was deregulated for the first time in more than a...
  • LPG rate hiked by Rs 3 per cylinder October 29, 2014

    New Delhi: Subsidised cooking gas (LPG) rates have been hiked by Rs 3 per cylinder after the government raised the commission paid to dealers. The commission paid to dealers was last week hiked by Rs 3 per 14.2-kg cylinder to Rs 43.71. Consequently, retail selling price of subsidised LPG too...
  • Aadhar not must for LPG subsidy under modified DBT October 18, 2014

    New Delhi: Cooking gas (LPG) consumers will be able to get subsidy directly in their bank accounts from November 15 even if they don't have Aadhar numbers, as the government will re-launch the Modified Direct Benefit Transfer Scheme. The scheme will be initially re-launched in 54 districts from mid-November and...
  • Government's reforms will benefit common man: BJP October 18, 2014

    New Delhi: BJP on Saturday welcomed government's decision that will help reduce diesel prices and said it is the beginning of economic reforms which would bring relief to the life of the common man suffering from price rise for the last many years. The party also...
  • Petrol price cut by 65 paisa; diesel rate to wait for PM Modi's return September 30, 2014

    New Delhi: Petrol price was on Tuesday cut by 54 paisa a litre, but the first reduction in diesel rates in over five years was put off until the return of Prime Minister Narendra Modi from the US. State-owned oil firms, which skipped raising rates...
  • Government moves LPG, fuel supplies to Kashmir valley September 11, 2014

    New Delhi: The government is moving LPG and other fuel supplies to marooned Kashmir valley using alternative routes, Oil Minister Dharmendra Pradhan said on Thursday. Fuel supplies have been restored in the Jammu region and efforts are on to move stocks into Srinagar. "Some of the oil installations are under water......
  • J&K floods: Government restores fuel supply in Jammu region September 9, 2014

    New Delhi: As relief supplies pour in floodhit J&K, the government has restored fuel supply in the Jammu region and efforts are on to move stocks into Srinagar. "The Ministry of Petroleum & Natural Gas has taken several measures to ensure availability of essential petroleum products in the aftermath of...
  • Government has no plans to rationalise LPG, kerosene subsidy: Dharmendra Pradhan September 4, 2014

    New Delhi: Minister of State for Petroleum and Natural Gas Dharmendra Pradhan said that the Narendra Modi government has no plans of rationalising LPG and kerosene subsidy, but has hinted at linking the Prime Minister's Jan Dhan Yojana to provide direct subsidies to consumers. Speaking exclusively to CNNIBN, Pradhan said...
  • Oil India June quarter net up 40 per cent at Rs 851.87 crore August 12, 2014

    New Delhi: Stateowned Oil India Ltd (OIL) on Tuesday reported a 40 per cent jump in its June quarter net profit as its net price realisation soared after cut in subsidy. Net profit in AprilJune rose to Rs 851.87 crore, or Rs 14.17 per share, from Rs 609.08 crore, or...
  • Bihar government lifts ban on sale of 5 kg LPG cylinders August 8, 2014

    The Bihar government on Friday lifted the ban on sale of 5 kg LPG cylinder, which it had imposed following evidence of their use in the serial blasts at Bodh Gaya in July last year. A release by Minister for Food and Civil Supplies Shyam Rajak said he accepted the plea...
  • Tackling subsidy burden with innovative ways tops Oil Ministry's agenda July 6, 2014

    New Delhi: Accusing the previous UPA regime of leaving the coffers dry, Oil Minister Dharmendra Pradhan said that he wanted to tackle subsidy burden on the department in innovative ways. In an exclusive interview to Network18, Pradhan on Sunday said that the roll out of Direct Benefit Transfer (DBT) is one...
  • Government rules out any immediate hike in prices of LPG, kerosene July 5, 2014

    New Delhi: Ruling out any immediate hike in prices of LPG and kerosene, Oil Minister Dharmendra Pradhan on Saturday said the new government will continue with the policy of subsidising commonly used cooking fuels. "There will no increase in LPG and kerosene prices for now. We will continue with the extant...
  • No hike of LPG, kerosene prices: Petroleum Minister Dharmendra Pradhan July 4, 2014

    New Delhi: Petroleum Minister Dharmendra Pradhan said on Friday that there is no proposal to increase rates of subsidised LPG, kerosene and diesel. "There is no such proposal with the government," Pradhan said with reference to a report that his ministry is considering a note to the cabinet for raising kerosene...
  • Oil Ministry may propose hike in LPG price by Rs 250 per cylinder July 4, 2014

    New Delhi: The Oil Ministry is likely to move the Cabinet Committee on Political Affairs (CCPA) soon with an expert panel recommendations of raising cooking gas (LPG) rates by Rs 250 per cylinder and kerosene price by Rs 4 a litre. The ministry is preparing a draft note for consideration of...
  • Government puts on hold hike in LPG, kerosene rates July 2, 2014

    New Delhi: The government on Wednesday put on hold a hike in LPG prices in states including Karnataka, Madhya Pradesh and Kerala, where an increase in local levies had led to a rise in fuel rates. The increase in state levies such as entry tax and octroi led to prices...
  • India @ 9 with Bhupendra Chaubey July 1, 2014

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • News 360: Tapas Pal apologises for his rape remark July 1, 2014

    Trinamool Congress MP Tapas Pal, whose controversial remarks against women sparked outrage, on Tuesday tendered an unconditional apology saying that in making such comments he has let down his constituents and the people of Bengal. ...
  • Nonsubsidised LPG price hiked by Rs 16.50 per cylinder; ATF by 0.6 pc July 1, 2014

    New Delhi: Price of nonsubsidised cooking gas (LPG) was on Tuesday hiked by Rs 16.50 per cylinder and that of jet fuel by over halfaper cent after international oil prices surged due to the ongoing Iraq crisis. The increase in rates of nonsubsidised LPG and ATF accompanies the Rs 1.69...