India offers excellent scope for LPG business: IndianOil chief

Three oil marketing companies are also pitching in with part of their CSR funds to bring more and more households into the fold.

GN Bureau | February 13, 2017


#LPG   #IndianOil   #PSU   #BPL  


 With about 72 percent of India's population living in villages, ensuring LPG access to all Indian kitchens is a both a challenge as well as an opportunity. India offers excellent scope for LPG business in the coming years, said B Ashok, chairman, IndianOil.

Addressing the inaugural session at the Asia LPG Summit, Ashok detailed the steps taken by the government to make LPG accessible and affordable for all, especially those in rural hinterlands and BPL households. 
 
“As part of the intensive efforts being made to rapidly expand this network, the government is diverting subsidy amounts given up by the well-to-do to provide LPG to the BPL families, while at the same continuing to extend product subsidy to this price-sensitive segment. The three oil marketing companies are also pitching in with part of their CSR funds to bring more and more households into the fold,” he said.
 
Elaborating on the initiatives by Oil Marketing Companies to augment rural access of LPG, Ashok said, “lndian Oil pioneered the concept of the rural low-cost, small-format LPG distributorships, which do not need large outlays. This concept has taken strong roots and today, apart from the 13,000 regular LPG distributorships in cities and towns, the three OMCs together operate over 3,000 rural distributorships.”
 

Comments

 

Other News

Kartarpur Sahib: The corrdidor can show the way to peace

When the corridor to the Gurudwara Darbar Sahib, in Kartarpur (Pakistan), was opened for the pilgrims from India on November 9, prime minister Narendra Modi recalled the fall of Berlin Wall, which took place on the same date 30 years ago. The Berlin Wall collapse not only reunited the two Ge

On A Personal Note with Anees Bazmee, film writer, director and producer

Starting out as a child artist, in a career spanning more than three and half decades Anees Bazmee has written/directed more than 60 films in Hindi, Tamil and Marathi in a variety of genres. After writing films like ‘Hum Farishtey Nahin’, ‘Swarg’, and ‘Aankhen’, he d

Rafale review petitions dismissed

The supreme court on Thursday dismissed the petitions seeking a review of its December 2018 verdict on the Rafale deal. The bench found no merit in review petitions that had sought an investigation into the high-profile defence deal. “We don’t feel necessary to order FIR or rovin

Power struggle, stalemate lead to president’s rule in Maharashtra

Maharashtra has been placed under the president’s rule after the leading contenders failed to make a head start in government formation amid tussle for power. Governor Bhagat Singh Koshiyari informed the president Tuesday that despite all efforts he did not see any possibility of gover

From Jal Shakti to Jal Prabandhan

This piece is based on a previous article by the authors published in Geoforum [Elsevier] in May 2019: available online: https://www.sciencedirect.com/science/article/pii/ S0016718519300764?via%3Dihub

Shiv Sena set to form government in Maharashtra

The BJP’s oldest ally Shiv Sena is once again parting ways, putting their alliance behind and preparing to form government in Maharashtra with the support of the NCP and Congress. Nineteen days after the legislative assembly elections, despite a clear mandate for the BJP and Sena, Maha



Archives

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter