The great Indian electric dream ― Cooking without fire
Finshots Daily
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The Government's Cutback on LPG Subsidies
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.
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