‘LPG subsidy may be lifted for those with income over Rs 10 lakh’ | india | Hindustan Times
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‘LPG subsidy may be lifted for those with income over Rs 10 lakh’

The NDA government is mulling to lift the subsidy on LPG cylinder for consumers whose annual income is above Rs 10 lakh, Union Minister M Venkaiah Naidu said in New Delhi on Friday.

india Updated: Nov 15, 2015 01:22 IST
File photo of Union minister of urban development and parliamentary affairs Venkaiah Naidu, in New Delhi.
File photo of Union minister of urban development and parliamentary affairs Venkaiah Naidu, in New Delhi.(Sonu Mehta/ HT Photo)

The NDA government is mulling to lift the subsidy on LPG cylinder for consumers whose annual income is above Rs 10 lakh, Union minister M Venkaiah Naidu said on Friday.

“Dharmendra Pradhan (minister for petroleum and natural gas) told me that the government has found many illegal gas connections and is saving thousands of crores of rupees by stopping the supply to those consumers,” said Naidu, the Union minister for urban development and parliamentary affairs.

“They (the government) are also planning that for consumers whose income is above Rs 10 lakh, gas subsidy will not be given. Why do they need subsidy? Why do ministers need subsidy? So far, 30 lakh people have given up their LPG subsidy. That subsidy will be given to poor people,” he said.

Naidu was speaking at an awards function organised by the Federation of Andhra Pradesh and Telangana Chambers of Commerce.

He said the government has so far brought out about 35 changes in the Foreign Direct Investment (FDI) policy across 15 sectors.

Seeking support from the opposition parties for passing some crucial bills such as the GST Bill, the minister said the government is willing to talk to them on pursuing its agenda.

“Our government agenda is development, good governance, elimination of poverty and empowerment of youth and women. The opposition should also cooperate with the government in pursuing these reforms. People want politics of development. We seek support of all political parties in pursuing developmental agenda in the larger interest of the country,” he said.

Taking a dig at those criticising Prime Minister Narendra Modi, Naidu said they should respect the mandate of the people with tolerance.

“Knowingly or unknowingly, some incidents took place in the country and one should not magnify them and show the country in poor light,” he said.

He said India is moving on the path of development and attracting investments from outside.