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The price of liquefied petroleum gas, commonly known as LPG, was raised by RM0.10 to RM1.90 per kilogram. The price of diesel was fixed at RM1.75 per litre. Sugar increased in price by RM0.25 to RM1.85 per kilogram. Prices for cooking gas have increased by RM0.10 per kilogram.
Give Up LPG Subsidy is a campaign that was launched in March 2015 by the Indian government led by Prime Minister Narendra Modi. It is aimed at motivating LPG users who are able to afford to pay the market price for LPG to voluntarily surrender their LPG subsidy. [1] As of 23 April 2016, 10 million people had voluntarily given up the subsidy. [2]
Fossil fuel subsidies have been described as "any government action that lowers the cost of fossil fuel energy production, raises the price received by energy producers, or lowers the price paid by energy consumers."
LPG is composed mainly of propane and butane, while natural gas is composed of the lighter methane and ethane. LPG, vaporised and at atmospheric pressure, has a higher calorific value (46 MJ/m 3 equivalent to 12.8 kWh/m 3) than natural gas (methane) (38 MJ/m 3 equivalent to 10.6 kWh/m 3), which means that LPG cannot simply be substituted for ...
In 2022, the government eliminated LPG subsidies for all citizens except those covered by the Ujjwala program. [ 265 ] In 2023, the Modi administration issued a notification constituting a high-level committee on One Nation, One Election , a proposal aimed to synchronise all elections in the country either on a single day or within a specific ...
In 2002–03, expenditure on major subsidises increased to 11.9 per cent from 10.0 per cent in 2001–02. With the dismantling of the administered price mechanism for petroleum products from 1 April 2002, subsidies in respect of LPG and kerosene distributed through the Public Distribution System are now explicitly reflected in the budget. This ...
The BJP pledged to increase pensions for senior citizens, widows, and destitute women, while introducing subsidies for LPG cylinders and free cylinders on Holi and Diwali. Additionally, it proposed establishing Atal Canteens to provide affordable meals for ₹5 in slum clusters .
Yet, NGV was very slow to take off due to cheaper LPG fuel, a pre-existing LPG fleet, and the low conversion cost of local LPG conversion shops compared to factory-installed CNG or conversion. A significant effort was made when the state-controlled oil company PTT PCL built a network of natural gas refueling stations. The cost of subsidy was ...