|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
New Delhi: The union cabinet hiked the subsidy on LPG cylinders from six to nine on Thursday, in a move interpreted by many as a populist gesture by the UPA government which had earlier reduced the subsidy angering consumers at large.
The government raised the cap from six cylinders to 9 in a year and the decision approved in a meeting of the Cabinet Committee on Political Affairs (CCPA).
Consumers will get a quota of five subsidised cylinders between September 2012 and March 2013 and from April 1, 2013, they will be entitled to nine cylinders per annum. There will be no change in LPG and kerosene rates, Oil Minister M Veerappa Moily was quoted as saying after the meeting on Cabinet Committee on Political Affairs (CCPA).