India Energy Subsidy Briefing June 2015
June 29, 2015
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India Energy Subsidy Briefing June 2015 (PDF - 1.2 MB)
As part of its work on energy policy and sustainable development in India, the Global Subsidies Initiative publishes a regular briefing on issues related to energy subsidies.
The June 2015 edition includes:
- A new fuel subsidy reform path has been set by the government that aims to reduce the expenditure to 1 per cent of GDP by 2019-2020.
- The revision in gas pricing has reduced the urea subsidy bill and also the introduction of the gas price pooling will further decrease the government's expenditure on providing subsidized gas.
- The government is planning to introduce cash transfers for kerosene along the line of the LPG cash transfer scheme.
- The government is planning to introduce subsidized gas through bidding to some gas based power plants and has decided on offering subsidized gas worth INR 35 billion (US$ 0.5 billion) in 2015-2016
For any additional or more detailed information, please do not hesitate to contact kclarke@iisd.org or shruti.sharma@iisd.org.