Heeding to Prime Minister Narendra Modi’s call, over 1 million consumers of three public sector oil companies across the India have surrendered buying LPG at below-market price.
The three companies – Indian Oil (Indane), Bharat Petroleum (Bharat Gas) and Hindustan Petroleum (HP Gas) – have nearly 15.3 crore registered consumers. All the three firms incur a total subsidy cost of Rs 40,000 crore on providing 12 LPG cylinders per year to each consumer.
But, there’s a down side to it. The thoughtful, questioning and the discerning consumers have been raising a valid point: How many MPs or bureaucrats or the rich industrialists have given up their LPG subsidy?
— tweet master (@prakashsharma17) July 18, 2015
— Najeeb Junk (@LogicalMeow) July 18, 2015
Bring back Black Money and I’ll do it in a blink of an eye. #GiveUpLPGSubsidy
— Mr. Sinister (@SatanKaAttorney) July 18, 2015
— Timblo BMoney 2 NaMo (@FekuNo1) July 18, 2015
#GiveUpLPGSubsidy but the Parliament can enjoy food at subsidised prices
— Abhishek V (@Abhishek41192) July 18, 2015
— Karnataka Exp (@TwoSixTwoSeven) July 18, 2015
— Truth Hurts (@shall_isaytruth) July 18, 2015
— Anish (@aniskuma010) July 18, 2015
— गबरू (@its_AllOK) July 18, 2015