Followers

Thursday, June 2, 2022

LPG subsidy only for poor, no respite from record price for others

LPG subsidy will be given only to poor households with ‘Ujjwala’ connections and all others will have to pay market price but the government is likely to continue to keep fuel prices in check. “Subsidies by definition are not designed to get entrenched and increased. Subsidies by definition have to be depressive,” oil minister Hardeep Singh Puri said on Thursday.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/D1UZh8C

No comments:

Post a Comment

Record bank profits to boost loans to poor, MSMEs: PM Modi

PM Narendra Modi praised banks for record profits in FY24, aiding the poor, farmers, and MSMEs. Challenges like bad loan provisions, bank in...