The move to stop LPG subsidies to customers having taxable income of more than Rs 10 lakh a year may result in a saving of up to Rs 500 crore for the govt., ICRA hopes.
The savings in subsidies of LPG for the govt could be up to 500 cr rupees if subsidy is stopped for this category households, which may have consumption of 1.25 to 1.5 times than avg consumption," reports from ICRA concluded.
The savings in subsidies of LPG for the govt could be up to 500 cr rupees if subsidy is stopped for this category households, which may have consumption of 1.25 to 1.5 times than avg consumption," reports from ICRA concluded.
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