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Subsidized cylinders may soon be reduced to 9 from 12
Posted on: 03/Jun/2014 5:38:25 PM
A crew of finance and petroleum ministers has together created a report for decreasing the total number of gas cylinders at subsidized price from 12 to 9. This report will soon be submitted to Prime Minister, Narandra Modi.
People take advantage of subsidized rates of cylinders for domestic use and get into the practice of selling their cylinders to hotels and shops at higher rates. It is said that people get profit nearly around Rs 600 and Rs 800. Owing to this reason, there is a considerable reduction in the cylinders sold for commercial needs.
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