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LPG subsidy jumps 60% as govt maintains prices

Thursday, July 12, 2018, 4:12 PM

Cooking gas (LPG) subsidy has jumped by over 60% in last two months as the government maintains price line despite rising international rates, IOC Chairman Sanjiv Singh said. All LPG consumers have to buy fuel at market price. The government, however, subsidises 12 cylinders of 14.2-kg each per households in a year by providing the subsidy amount directly in bank accounts of users.