Coal News We love to talk!
The government does not have any immediate plan to remove subsidy on LPG, Union Minister of State for Petroleum and Natural Gas Dharmendra Pradhan said here on Monday.
"We do not have any plan to remove subsidy on LPG at the moment and it will continue," Pradhan told reporters to a question whether removal of subsidy on LPG for APL families was a possibility.
Pradhan's statement came after Finance Minister Arun Jaitley said on Friday that the government was considering doing away with the cooking gas subsidy for the well-off.
Pradhan said the issue should be debated as who should get the subsidy and who should not.
"The people, particularly the affluent class of the country, must think whether subsidy should continue, if they want the country to develop," he said.
The government wanted to ensure proper and commercial utilisation of the natural resources to benefit the people of Jharkhand, he said adding the proposed Rs 10,000 crore Jagdishpur-Haldia pipeline project would benefit the state.
The country now has 15000 km gas pipeline and 15,000 km more would be added in the next five years, Pradhan said. Jharkhand has abundance of coal-based methane gas reserve, which would be utilised for power production as it was only alternative to coal-based power plant, the minister said.
- Green Push: Rural consumers set to get LPG cylinders at doorstep Read more
- Lack of reforms created huge NPAs in infra, power sectors, says Jaitley Read more
- MNRE: Subsidy Reduction and Home Loan Initiative for Rooftop Solar Read more
- Essar Power narrows loss by 70% in FY16 Read more
- RGPPL signs power purchase agreement with Railways to revive Dabhol plant Read more
- Power shortfall in India comparatively lower despite paucity of coal Read more
- IOC chalks out plan to double oil refining capacity to 150 MT by 2030 Read more
- Anil Ambani led Reliance Power may lose Rs 200 crore bank guarantee Read more
- PSUs to invest Rs 3 lakh crore in hydrocarbon sector in 3 years: DIPP secretary Ramesh Abhishek Read more
- Secretaries panel to submit report on new gas pricing formula by Wednesday Read more