Kerosene Subsidy

• 

  Subsidy Bill Nears Rs 6 Lakh Crore In Financial Year 2021

  The government's subsidies on food, fertilisers, LPG and kerosene are pegged at Rs 5.96 lakh crore in the current fiscal, over 2.5-fold jump from the initial budget estimates as the Centre distributed additional foodgrains free of cost to help poor mitigate the impact of COVID-19 pandemic.

• 

  Aadhaar Made Mandatory For Kerosene Subsidy, Atal Pension Scheme

  The decision to make Aadhaar mandatory for these two schemes will prevent leakages of subsidies and ensure that the beneficiaries get their due.

• 

  Government Hikes Rates Of LPG Cylinders, Kerosene

  The government is looking to eliminate subsidy on the domestic fuels, LPG and Kerosene, through small hikes.

• 

  Aviation Fuel Price Cut By 3.7 Per Cent; LPG Hiked By Rs 2 Per Cylinder

  LPG rates were last hiked on November 1 by Rs 2.05 per cylinder.

• 

  Better Targeting Of Kerosene Subsidy Is Government's Next Agenda: Arun Jaitley

  After the initial experiment in food and fertiliser, better targeting of kerosene subsidy is next on government agenda to plug diversion and black marketing of the fuel, Finance Minister Arun Jaitley said.

• 

  Government To Expand Direct Benefit Transfer To More Schemes

  Buoyed by the initial success of direct benefit transfer or DBT, the government plans to double the number of schemes under DBT to 147 by March and has launched pilots for paying subsidy on food, kerosene and fertiliser directly via bank accounts of beneficiaries, a top official has said.

• 

  Subsidised LPG Price Hiked

  Subsidised cooking gas (LPG) price was on Monday hiked by Rs 1.93 per cylinder, the second increase in rates in one month as the government looked at monthly increases to cut down subsidies.

• 

  Kerosene Price Hike A Positive Signal On Reforms: Nomura

  The government's decision to hike kerosene prices, although staggered over 10 months, sends a positive signal on reforms and will ease the fiscal subsidy burden by Rs 1190 crore, Nomura has said in a report.

• 

  LPG Cylinders Get Cheaper, But Aviation Fuel Prices Go Up

  Aviation turbine fuel (ATF) price was today hiked by 5.5 per cent for the fifth month in a row, but that of non-subsidised cooking gas (LPG) was cut by Rs 11 per cylinder, in line with global trends.

• 

  'Budget Likely to Meet Estimates for First Time in 5 Years'

  Pai suggests that kerosene subsidy should be brought under direct benefit scheme.

• 

  Kerosene DBT Can Result in 40% Savings on Under-Recoveries: Icra

  A proposed extension of the direct benefit transfer (DBT) scheme to kerosene could result in estimated savings of up to 40 per cent on under-recoveries if implemented nationally, according to a report by rating agency Icra.

• 

  From April 1, Kerosene Subsidy to be Paid Directly to Beneficiaries

  After paying subsidy to LPG users in their bank accounts, the government will from April 1 roll out a similar programme for kerosene where the users will buy the cooking fuel at market rate but will get financial support directly in their bank accounts.

• 

  Time Has Come to Think on Income Bracket for Subsidy: Oil Minister

  Urging consumers to give up subsidy on LPG, he said from the time of implementation of Direct Benefit Transfer (DBT), the government has been able to save Rs 15,000 crore in the last fiscal.

• 

  Government Caps Kerosene Subsidy at Rs 12/Litre, LPG at Rs 18/Kg

  The government has capped the subsidy payout on kerosene at Rs 12 per litre and domestic cooking gas (LPG) at Rs 18 per kg, Oil Minister Dharmendra Pradhan said on Monday.

• 

  Have Written to States for Direct Benefit Transfer in Kerosene: Jayant Sinha

  The Centre today said it has written to Chief Ministers and Union Territory Administrators for Direct Benefit Transfer for kerosene in the accounts of the beneficiaries.