This is the sixth straight monthly increase in rates since June
The LPG cylinder penetration in the Northeast region is likely to touch 80 per cent by the end of 2018-19, much ahead of its initial plan to reach this target by 2030. The rigorous push to achieve the target ahead of its time was received during implementation of the Pradhan Mantri Ujjwala Yojana (PMUY) in the region from last year, state level coordinator for Assam (Petroleum Products) Uttiya Bhattacharyya told PTI here. "We hope to touch the figure of 80 per cent in the LPG penetration in Northeast by the end of 2018-19 fiscal. Initially, we had planned to reach this figure in NE by 2030," he added. Bhattacharyya, who is also the Indian Oil Corporation Chief General Manager (IndianOil-AOD), informed that the penetration level in the region has gone up to over 76 per cent at present from around 44 per cent in 2015-16. "So, we are already much ahead of our planned target. However, we are still much below than the national average, which stands at 88.5 per cent compared to 62.2 per
How do we ensure the good intentions of giving affordable clean fuels to poor women while managing subsidy burden? Jyoti Parikh asks
Under the scheme, the government provides a subsidy of Rs 1,600 to state-owned fuel retailers for every free LPG gas connection that they install in poor rural households
Industry sources say because of higher demand, there is increasing pressure on these plants to work overtime
LPG connections increased by over 16%, while LPG consumption increased only by 9% because there is no direct co-relation between the two
First-time online selection process in December; likely investment of Rs 2,000 cr
The number includes 20 mn under PMUY scheme while 12.5 million connections released outside PMUY
The push is, however, likely to make India a net importer of LPG during the current financial year
Increasing LPG coverage is part of the govt's plan to cut on the use of polluting firewood
Rates had been on the upswing since October, 2016
Auto LPG is the third most commonly used automotive fuel in the world
The idea is to ease the livelihood strain on kerosene dealers
Providing a New Year bonanza for Liquid Petroleum Gas (LPG) customers, all Public Sector Unit (PSU), namely Indian Oil, BPCL and HPCL have decided to offer an upfront discount of Rs. 5 on every LPG refill booked and paid via online.The customers can make online payment through net banking, credit and debit cards.The discounted amount will be displayed on the gadgets of the customers, which will be calculated by the retail selling price of LPG refill minus the incentive amount of Rs. 5.The net discounted amount will also be shown on the cash memo accompanying the home-delivery of the LPG cylinder.All Oil Marketing Companies have endeavoured this initiative to encourage the consumers to shift from cash mode to digital platform to achieve the objective of cashless transactions.The incentive will encourage more and more LPG consumers to go for cashless mode transactions.
LPG rates were last hiked on December 1 by Rs 2.07 per cylinder
However monthly hikes in kerosene likely, as Centre wants to deter its use in favour of cleaner fuel
Orders had already been placed with the banks for supply of swiping machines, an official said
All domestically produced LPG should necessarily be sold to PSUs for subsidised sale to consumers
A subsidised 14.2-kg cylinder will now cost Rs 430.64 in Delhi as against Rs 428.59 previously
A subsidised 14.2-kg cylinder will now cost Rs 425.06 as against Rs 423.09 previously