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Wednesday, April 2, 2014

New fiscal 2014-15 heralds 12-subsidised cylinder quota


With a new financial year beginning on Tuesday April 01,2014, households will get to access their annual quota of 12 cooking gas cylinders at subsidised prices. 

It is, however, unlikely to result in any unusual spurt in the refill bookings than that seen in the first few days of every month as public sector oil company officials say not all consumers utilised their quota of 11 subsidised cylinders last fiscal.

An increase in the bookings at the beginning of any other month is possible given that it coincides with the salary time. 

Above that, only a small number of households, predominantly big in size, are likely to rush to get the refills, say officials of both Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL).

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