LPG subsidy to BPCL consumers will continue even after privatization: Dharmendra Pradhan

LPG subsidy to BPCL consumers will continue even after privatization: Dharmendra Pradhan

New Delhi. Petroleum Minister Dharmendra Pradhan said on Friday that even after privatization of the country's second largest retail petroleum fuel vendor Bharat Petroleum Corporation Limited (BPCL), its consumers will continue to get LPG subsidy. Pradhan said, "The subsidy on LPG is given directly to consumers and not to any company. Therefore, there will be no effect (on subsidy) on ownership of the company selling LPG. "The government offers a maximum of 12 LPG cylinders (each with 14.2 kg gas) at subsidized rate every year on each connection. This subsidy is given directly into the bank accounts of consumers.


Consumers purchase LPG at the market price from the dealer and later the subsidy comes to their account. The government subsidizes consumers of oil marketing companies Indian Oil Corporation (IOC), BPCL and Hindustan Petroleum Corporation Limited (HPCL). Pradhan said that LPG subsidy is paid digitally to all verified customers. "Since it is paid directly to the consumers, it does not matter whether the service provider is in the public sector or the private sector," he said, adding that LPG subsidy to BPCL consumers even after disinvestment Will continue to meet as before. 

The government is selling its entire 53 percent stake in BPCL with management control. The new owner of the company will get 15.33 percent of India's refining capacity and 22 percent of the fuel market. Of the total 28.5 crore LPG consumers in the country, 7.3 crore are from BPCL. "All these will continue to get government subsidy," Pradhan said. Asked if BPCL consumers would migrate to IOC and HPCL after a few years, he said that there is no such proposal right now. He said, "When we pay subsidy directly to consumers, then ownership does not come in its way.


Delay in delivery of Mahindra Thar due to global chip shortage, dealers have also given reply to customers

Delay in delivery of Mahindra Thar due to global chip shortage, dealers have also given reply to customers

Chip shortage is not a new term in the automobile industry. But at present, such a word is rarely heard in India's automobile industry. Global chip shortages have kept the world's car makers tight. But now it is also harassing customers with the Indian company. If the report is to be believed, the delivery of Mahindra Thar is delayed due to semiconductor chips shortage.

However, the company has so far refused to give any statement on it. Vehicles are coming to the same dealership but dealers have stopped it completely for the customers. That is, the delivery of this vehicle to customers has been stopped at the moment. This has been done because the 7.0-inch infotainment touchscreen system is missing from the vehicles being sent to the Mahindra dealership. And all this has been done due to the shortage of automotive semiconductor chips.

Explain that the infotainment system can be fitted in the dealership itself. It already comes with the new Mahindra Thar LX variant. In such a situation, there has been no statement from the company regarding this problem so far. At the same time, those who were waiting for the delivery of Thar, now they may have to wait longer for this vehicle.

Thar Price

The latest variant of the Thar SUV was launched on 2 October 2020. The Thar is available in two variants, AX and LX. Thar costs between Rs 9.8 lakh and Rs 13.75 lakh. The AX trim is completely for off-road enthusiasts. At the same time, LX trim has more comfort features. At the same time, the price of LX trim variants starts at Rs 12.49 lakh. To get the automatic transmission option in LX trim, an extra amount will have to be paid from 80 thousand to 1.06 lakh rupees.


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