NEW DELHI: Tax payers with annual income of more than Rs 10 lakh will not get subsidised cooking gas (LPG) from next month as the Government today decided to limit supply of under-priced fuel to cut subsidies.
At present, all households are entitled to get 12 cylinders of 14.2-kg each at subsidised rate of Rs 419.26, while the market price is Rs 608.
The Government had asked well-off people to voluntarily give up using subsidised LPG and instead buy cooking fuel at market price, Oil Ministry said in a statement.
So far, over 57.5 lakh LPG consumers, out of nearly 15 crore customers, have given up subsidies.
“While many consumers have given up subsidy voluntarily, it is felt that consumers in the higher income bracket should get LPG cylinders at the market price,” the statement said. (AGENCIES)