No Move to Scrap LPG Subsidy: Pradhan

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(TH)

To make LPG more popular among all stakeholders — producers, buyers as well as sellers — the Ministry for Petroleum & Natural Gas is seeking further reforms in its pricing. Dharmendra Pradhan, Minister for Petroleum and Natural Gas, and Skill Development, told BusinessLine that his Ministry had taken up the matter of correcting the existing anomalies in LPG pricing, including tax disparity between public and private players with the Finance Ministry. He, however, maintained that the government had no plans to do away with retail end subsidy offered to the deserving customers.

“LPG can be replaced in all sectors where there is a need for heating treatment. It is cheaper and cleaner than the existing fuels. But, there is a need for further reforms in the subsidy mechanism, pricing and taxes levied on it,” said Pradhan, who was among the four Ministers elevated to Cabinet rank on Sunday.

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