The Government's Cutback on LPG Subsidies

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LPG subsidies have hit a speed bump. When LPG prices crashed during covid, the government cut back on subsidies too. Back in 2011, just 29% of the homes used LPG. But now, over 70% of homes use it as they go to cooking options. And our production isn't able to keep up. Just 40% of our needs are met domestically. That could put a strain on the country's finances. So what could possibly be a way out of this vicious cycle then? Well, relying on electricity could be an option.

The Indian government wants us to ditch gas and use electricity for our cooking needs. It believes it’s going to be better for the environment. At least, that’s what it hinted at a conference conducted on World Environment Day (5th June).

So in today’s episode for 14th June 2023, we talk about e-cooking (electric cooking) and how it could face an even bigger roadblock than the transition to Liquified Petroleum Gas (LPG) cylinders. A few weeks back we did an in-depth video explainer on ITC's business model and many of you enjoyed it. So today, we thought we could do a similar video on Avenue Supermarts — the company that runs DMart, one of India's most profitable supermarket chains.

So, if you'd like to know more about DMart's business model and the secrets behind their discounted pricing, head over to the link bit.ly/42CwhQT qnd watch the video now!