Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
High food inflation forces restaurants to hike prices; ban on service charge will likely lead to further increases in the prices of dishes on the menu
The Covid-19 pandemic has slowed the progress towards universal access to electricity and clean cooking fuel and technology
For now, most states still seek kerosene allocations
Over 40% Indians continue to depend on dung, coal, etc, for cooking fuel; 30% do not have access to proper toilets
The subsidy on LPG was done away with and what remained was some freight subsidy, which comes to Rs 20-30 a cylinder
According to officials in the know, this price is applicable on more than 90 per cent of domestic natural gas production
Natural gas gets converted into CNG on compression and is also supplied for lighting cooking stoves through pipes.
The subsidy on these products may touch Rs 414.78 billion, against the targeted Rs 249.32 billion
Monthly increase in prices to eliminate subsidy could dissuade people from using clean cooking fuel