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Saturday, November 14, 2015

LPG subsidy for people above certain income might be stopped: Union Minister M Venkaiah Naidu

LPG subsidy for people above Rs 10 lakh income might be stopped: Union Minister M Venkaiah Naidu 
Image result for gas cylinder

The NDA government is mulling to lift the subsidy on LPG cylinder for consumers whose annual income is above Rs 10 lakh, Union Minister M Venkaiah Naidu said here today. 
"Dharmendra Pradhan (Minister for Petroleum and Natural Gas) told me that the Government has found many of illegal gas connections and is saving thousands of crore of rupees by stopping supply to those consumers," the Union Minister for Urban Development and Parliamentary Affairs said. 

"They (the government) are also planning that the consumers whose income is above Rs 10 lakh, gas subsidy will not be given. Why do they need subsidy? Why ministers need subsidy? So far, 30 lakh people have given up LPG subsidy. That subsidy will be given to poor people," he said. 

Naidu was speaking at an awards function organised by Federation of Andhra Pradesh and Telangana Chambers of Commerce. 

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