Subsidised LPG cylinders or cooking gas will no longer be available to
taxpayers who earn more than Rs 10 lakh a year, the government announced
today.
Consumers are currently entitled to 12 cylinders at cheaper rates in a year. For more, they have to pay the market price.
"Government has decided that consumers with taxable income above Rs 10 lakh per year will not get LPG subsidy from January 2016," Oil Minister Dharmendra Pradhan tweeted.
"This is as per policy of present Government that subsidy shall only be given to poor people who need it the most," he said in another tweet.
Of over 16 crore LPG consumers in the country, some 57 lakh have voluntarily given up their subsidy as part of the government's 'GiveitUp' campaign
Earlier this year, Prime Minister Narendra Modi had urged "MPs, MLAs, ministers, IAS and IPS officers, professors and professionals" to give up subsidy on cooking gas to benefit the poor.
Note
There are 16.35 crore LPG consumers in the country, according to the government, of whom 14.78 crore receive the subsidy directly in their bank accounts
Consumers are currently entitled to 12 cylinders at cheaper rates in a year. For more, they have to pay the market price.
"Government has decided that consumers with taxable income above Rs 10 lakh per year will not get LPG subsidy from January 2016," Oil Minister Dharmendra Pradhan tweeted.
"This is as per policy of present Government that subsidy shall only be given to poor people who need it the most," he said in another tweet.
Of over 16 crore LPG consumers in the country, some 57 lakh have voluntarily given up their subsidy as part of the government's 'GiveitUp' campaign
Earlier this year, Prime Minister Narendra Modi had urged "MPs, MLAs, ministers, IAS and IPS officers, professors and professionals" to give up subsidy on cooking gas to benefit the poor.
Note
There are 16.35 crore LPG consumers in the country, according to the government, of whom 14.78 crore receive the subsidy directly in their bank accounts
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