Comments
Public sector oil marketing companies have urged their employees to give up the subsidy on gas cylinders.
The CMDs of the companies have appealed through e-mails to all their employees to desist from using subsidised LPG cylinders and to buy them at market prices.
The subsidy on LPG touched ₹46,000 crore in 2013-14. The subsidy entitlement was to the tune of ₹3,600 for seven cylinders or maximum ₹6,200 for 12 cylinders for the whole year, the email said.
It added that only 64 per cent of the Indian population have LPG connections. The money given out as subsidy could be used to make LPG available to those who do not have it.
Highly placed sources in the oil marketing companies here said the reaction of the employees to the appeal was mixed. It is learnt that the appeal was made at the instance of the Petroleum Ministry.
The total number of employees working in the three oil PSUs and in ONGC is less than a lakh, they said.
Industry sources said that getting the rich and middle classes off petro-subsidies and making it available to the really deserving is a sensitive issue. It is high time a campaign is launched targeting people who can afford to pay the full price, they said.
Such a campaign can be initiated by both public and private sector companies, taking the cue from the oil companies, they added.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.