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Have multiple cooking gas connections? No LPG for you
No transactions, including delivery of non-subsidised cylinders, will be permitted in such cases once such connections have been blocked. #NewsTracker #LPG #KYC #Cooking Gas
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No LPG to households with multiple connections from 1 June
State owned oil marketing companies have decided to stop supplies of cooking gas (LPG) refills to households having multiple-connections for which no KYC (Know Your Customer) details have been received, with effect from 1st June 2013. #Economy #ThisisNext #Indian Oil Corporation #LPG
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Direct cash transfer for LPG to be rolled out in 20 distrcits from June
Oil Minister M Veerappa Moily said 76 lakh consumers in 20 districts like Mysore, North Goa, Pondicherry, Mandi and Hyderabad, will get Rs 435 in their back accounts every time they book an LPG refill. #NewsTracker #LPG #Direct cash tranfer
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Banks seek Aadhaar number for LPG susbsidy payment
LPG consumers will get about Rs 4,000 per annum in cash from the government, and they will have to then buy LPG at market price of Rs 901.50 per 14.2-kg cylinder #NREGA #Chidambaram #Aadhaar #LPG #PolicyWatch #Direct Benefit Transfer
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Will the Indian economy really find its mojo before the elections?
Investors with deep pockets who turned out to hear Chidambaram in Boston, New York and Washington are wrestling with one moot question: Is it worth investing in India as it heads to the polls in 2014? #P. Chidambaram #ConnectTheDots #FDI #LPG #cash subsidy
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LPG cash subsidy: How oil cos will pay for UPA re-election
The PMO is planning to pay the LPG cash subsidy for only one cylinder upfront: this means the oil companies will bear a part of the UPA's re-election costs #Cash-for-votes #LPG #Cash transfers #LPG Subsidies #Direct Benefits Transfer
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Gear up for LPG cash subsidy rollout: Chidambaram tells banks
LPG consumers will get about Rs 4,000 per annum in cash from the government, and they will have to then buy LPG at market price of Rs 901.50 per 14.2-kg cylinder. #P. Chidambaram #LPG #PolicyWatch
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Want quick rollout of LPG subsidy via direct benefit transfer: FM
Finance Minister P Chidambaram today said that the government wanted a quick rollout of LPG subsidy under the Direct Benefit Transfer (DBT). The rollout all over the country is likely to be completed by the end of 2013-14, he added. #P. Chidambaram #TheySaidIt #Sugar decontrol #LPG subsidy #Direct Benefit Tax
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Oil cos may see 30% cut in revenue loss next fiscal on falling crude
State-owned oil firms are likely to see revenue loss on sale of diesel and cooking fuel cut by over 30 percent to Rs 112,000 crore during the current fiscal on falling international oil rates. #NewsTracker #IOC #LPG #BPCL #HPCL #Crude prices #oil companies
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Non-subsidised LPG price cut by Rs 3 per cylinder
The price of non-subsidised cooking gas (LPG) was on Monday reduced by Rs 3 per cylinder in line with fall in international rates. #NewsTracker #Indian Oil Corporation #LPG cylinders