INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The government on Tuesday slashed the price of domestic LPG cylinders by Rs 200, the sharpest-ever reduction that will provide
relief to more than 33 crore households amid high inflation, ahead of elections in five states, including politically crucial MP, Rajasthan
and Chhattisgarh.The move will also double the relief to Rs 400 for 9.6 crore poor households using free connection given under the
of the country on the occasion of Raksha Bandhan
government statement quoted the PM as saying
Modi had in his Independence Day speech promised steps to tame inflation
than 10.3 crore, I-B minister Anurag Thakur told reporters
It is unclear whether the reduction is due to any fall in benchmark LPG prices in the recent past or the government will later step in with
larger goal of ensuring affordable access to essential items," oil minister Hardeep Singh Puri said.Education minister Dharmendra Pradhan,
expected to be the harbinger of more steps, including a possible reduction in petrol and diesel prices by the state-owned fuel retailers, in
Modi has already announced subsidised loans for affordable housing in urban areas and is due to launch the ambitious PM Vishwakarma Scheme
to reach out to the other backward castes.