-The Hindu The government seems to have given up on the Give It Up Campaign for LPG cylinders and has begun debarring LPG users who earn more than Rs. 10 lakh a year from the subsidy starting from their next refill. “Since your income is above 10 lacs, LPG subsidy is not admissible as per govt directive. Pl submit a declaration to distributor if your income is below 10 lacs,” LPG distributors...
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Widening the net beyond the income norm -Abhishek Jain & Shalu Agrawal
-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
More »No more LPG subsidy if you earn above Rs 10 lakh a year
-The Times of India NEW DELHI: There will be no subsidy for Cooking Gas Cylinders if either the registered consumer, or his/her spouse have an annual taxable income of more than Rs 10 lakh, the oil ministry announced on Monday. The cap will come into effect from next month. To begin with, the new criteria will be applied on the basis of self-declaration at the time of booking a refill in keeping...
More »Government looking at stripping the rich of LPG subsidy -Surojit Gupta & Sanjay Dutta
-The Times of India NEW DELHI: The government is looking at taking rich households out of LPG subsidy scheme with the aim of freeing up resources to provide clean kitchen fuel to more poor families and ensure socially responsible use of public money. While no final decision has been taken yet, the issue has certainly emerged as a discussion point within the top levels of the government. "I humbly submit that the time...
More »LPG subsidy transfer: Centre’s savings not more than Rs 143 cr, while it claims Rs 12,700 cr -Udit Misra
-The Indian Express The NDA initially reintroduced DBT for LPG in 54 districts in mid-November 2014, with nationwide roll out to all districts from January 2015. A study by the International Institute for Sustainable Development (IISD) states that the government’s claims of savings due to a shift towards direct benefit transfer (DBT) for LPG (also called PAHAL) are “large overestimates”. IISD has shown that as against the publicly touted figure of...
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