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CCEA gave nod to extend PDS Kerosene, Domestic LPG Subsidy Scheme

It also approved extension of the Freight Subsidy Scheme 2002 for far-flung areas till 31 March 2015. The Freight Subsidy Scheme 2002 provides for freight subsidy to PDS Kerosene and Domestic LPG consumers in far-flung areas.

Mar 5, 2015 16:12 IST
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The Cabinet Committee on Economic Affairs (CCEA) on 4 March 2015 gave its nod to extend the PDS Kerosene and Domestic LPG Subsidy Scheme 2002 for a period of one year that is up to 31 March 2015.

It also approved extension of the Freight Subsidy Scheme 2002 for far-flung areas till 31 March 2015. The Freight Subsidy Scheme 2002 provides for freight subsidy to PDS Kerosene and Domestic LPG consumers in far-flung areas.

These approvals will help in reducing the under-recovery of the Oil Marketing Companies (OMCs). Till date government was providing a subsidy of 22 rupees 58 paise per 14.2 kg on LPG cylinder and 82 paise per litre on PDS Kerosene and Domestic LPG Subsidy Scheme.

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