-The Indian Express Cooking gas (LPG) consumers with multiple connections who do not submit Know Your Customer (KYC) forms by month end will lose subsidised LPG supply and will be charged commercial rates, the government said today. "The LPG gas connection of those multiple LPG connections holder who fail to furnish the KYC forms by the prescribed date, will be suo moto converted into Non-Domestic Exempted Categories (NDEC) rate connections," Minister of...
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Cylinder Blast -Lola Nayar
-Outlook The cap on subsidised LPG has the UPA regime worried Something Cookin’ There’s definitely going to be a relook at the six-subsidised-cylinders cap Fear that LPG could cause a replay of the “onion impact” on 2014 polls Pressure from all parties for increasing number of subsidised cylinders Central government keen that states too share burden of extra cylinders But that could be tricky when discussing Centre-state revenue-sharing Cylinder Pricing Subsidised cylinders...
More »Direct subsidy transfers for LPG, kerosene to cut fuel bill by Rs 15,000 crore -Rajeev Jayaswal
-The Economic Times The government plans to directly transfer money to the bank accounts of cooking gas customers even if they do not have Aadhaar identification. The rollout will start with a pilot project in Andaman and Nicobar Islands by April, and will be extended to the rest of the country in a year. The oil ministry will also seek Cabinet approval to end the sale of subsidised kerosene and proposes to transfer...
More »Six-cylinder annual LPG cap under review: Veerappa Moily
-The Times of India The government is looking into demands for raising the six-cylinder annual cap on supply of subsidized cooking gas refills to each family, oil minister M Veerappa Moily told the Lok Sabha in a written reply on Friday. Separately, minister of state for petroleum Panabaaka Lakshmi told the House that state-run fuel retailers have issued more than 10 lakh new cooking gas connections since the government capped the supply...
More »30,000 surrender 2nd gas connection in a week -Sanjay Dutta
-The Times of India After much confusion and protests, new cooking gas norms for weeding out duplicate and bogus connections appear to be finally working. Over 30,000 Indane customers alone surrendered their second connections last week, a senior oil ministry official told TOI on Monday. The official estimated the total number of customers who have surrendered connections in the region of over 50,000, considering that Indane - marketed by IndianOil - covers...
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