BPCL clients will continue to get subsidy post-privatisation

LPG customers of Bharat Petroleum Corporation Limited (BPCL) will continue to get cooking gas subsidy post-privatisation of the nation’s second-biggest fuel retailers, oil minister Dharmendra Pradhan said on Friday.

“Subsidy on LPG is paid to consumers directly and not to any company. So, the ownership of the company that sells LPG is not of any material consequence. LPG subsidy will continue as before to BPCL consumers even after disinvestment,” Pradhan said.

The government gives 12 cooking gas (LPG) cylinders of 14.2-kg each to households in a year at a subsidised rate. This subsidy is directly paid into the bank accounts of the users.