Cooking gas prices may see monthly revision to contain subsidy
mint, February 18, 2020
Abstract
In an effort to minimize the economic burden of LPG subsidies, the government is considering adjusting the price of domestic cooking gas monthly to keep pace with fluctuating oil prices. This price revision mechanism would entail modest yet regular increases, similar to the approach adopted in 2016-2017. While the change seeks to reduce the subsidy burden on the government, it could potentially impact consumers with an increased financial burden for LPG usage. – AI-generated abstract.
