-The Times of India
NEW DELHI: There will be no subsidy for cooking gas cylinders if either the registered consumer, or his/her spouse have an annual taxable income of more than Rs 10 lakh, the oil ministry announced on Monday.
The cap will come into effect from next month. To begin with, the new criteria will be applied on the basis of self-declaration at the time of booking a refill in keeping with the "government’s approach of trusting citizens".
The reasoning draws from the success of PM Narendra Modi’s ‘Give it Up’ campaign, which encourages economically well-off consumers to voluntarily surrender the LPG subsidy so that clean fuel can be provided to those who are still dependent on firewood or cow-dung cake for cooking.
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