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Public sector oil companies manage to convince 1 million consumers to surrender LPG subsidy

News:

  • Running a sustained audio-visual campaign to rein in welfare costs, the three public sector oil companies have managed to convince over one million consumers across India to surrender their LPG subsidy.
  • Around 15.3 crore consumers are registered with the three companies, Indian Oil (Indane), Bharat Petroleum (Bharat Gas) and Hindustan Petroleum (HP Gas), which incur a total subsidy cost of Rs 40,000 crore on providing 12 LPG cylinders per year to each consumer.
  • The campaign, which reaches out through visual media as well through interactive voice response (IVRS), when a consumer calls for a refill, is aimed at bringing down the subsidy component.

Source: TOI

 

 

 

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