{"id":529202,"date":"2022-10-13T11:33:08","date_gmt":"2022-10-13T06:03:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=529202"},"modified":"2022-10-13T11:33:08","modified_gmt":"2022-10-13T06:03:08","slug":"centre-to-bear-rs-22000-crore-burden-for-keeping-lpg-prices-in-check","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/centre-to-bear-rs-22000-crore-burden-for-keeping-lpg-prices-in-check\/","title":{"rendered":"Centre to bear Rs 22,000 crore burden for keeping LPG prices in check"},"content":{"rendered":"<p>NEW DELHI: The Centre will pay Rs 22,000 crore as a one-time grant to state-run fuel retailers to compensate them for keeping price of LPG \u2014 liquefied petroleum gas supplied as cooking fuel to households \u2014 in check in spite of a surge in the benchmark rates.<\/p>\n<p>The proposal was cleared by the Cabinet on Wednesday with the aim of bridging the losses on LPG accumulated by the three state-run fuel retailers between June 2020 and June this year.<\/p>\n<p>India imports LPG, mostly from Saudi Arabia, to meet about half of the demand. The Saudi contract price, the benchmark followed by the state-run fuel retailers, has risen 300% during this period but LPG refill rates have been raised by 72%, the government said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The Centre will pay Rs 22,000 crore as a one-time grant to state-run fuel retailers to compensate them for keeping price of LPG \u2014 liquefied petroleum gas supplied as cooking fuel to households \u2014 in check in spite of a surge in the benchmark rates. The proposal was cleared by the Cabinet on Wednesday with the aim of bridging the losses on LPG accumulated by the three state-run fuel retailers between June 2020 and June this year. India imports LPG, mostly from Saudi Arabia, to meet about half of the demand. The Saudi contract price, the benchmark followed [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-529202","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/529202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=529202"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/529202\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=529202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=529202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=529202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}