Prime Minister Narendra Modi at the 'Urja Sangam', a summit dedicated to energy, at Vigyan Bhavan, New Delhi.
Prime Minister Narendra Modi on Friday urged affluent Indians to give up their cooking gas subsidies to help the energy-starved country's poor access clean fuel.
Fuel subsidies are a massive expense, contributing to an overall subsidy bill that ballooned to $43 billion or Rs 2.68 lakh crore- two per cent of gross domestic product (GDP), under the previous Congress-led government.
"I appeal to all those who can afford cooking gas at market rates to please give up your gas subsidies," PM Modi said at an energy conference in New Delhi.
"The money we save with your help, we will use for the poor so that they have access to clean energy too."
He said 280,000 consumers in Delhi had already voluntarily unsubscribed from a programme that offers subsidised cooking gas, helping the government save Rs 100 crores.
Mr Modi also said the country should cut oil, gas and petrol imports by 10 per cent over the next seven years as it seeks to reduce its energy bills and become more self-sufficient.
Since taking office last year, Mr Modi has lifted diesel price controls to reduce the national energy bill and opened millions of bank accounts to enable subsidies to go directly to the poor and circumvent corruption.