October 12, 2015 8:45 PM

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Govt rejects news report about savings of LPG subsidy after PAHAL

Petroleum and Natural Gas Ministry has rejected the news items published in a section of media about savings of LPG subsidy following implementation of PAHAL Scheme. The Media reports had termed the government's claim of LPG subsidy saving as inflated. The Ministry clarified that the subsidy outgo, and consequent savings is a result of multipile factors including prevailing Crude Price, Exchange Rate, and Tax Structure in various States. <br/><br/>It said, of the 18.19 crore registered LPG Consumers as on 1st of April this year, 3.34 crore were either fake, duplicate or inactive accounts which were blocked under the PAHAL Scheme and related initiatives. It said, if the quota of 12 cylinders per consumer and the average LPG subsidy of 336 rupees per cylinder for the last fiscal is taken into account, the estimated savings due to blocking of inactive accounts stood at 14,672 crore rupees.

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