1. Anil Ambani heeds Narendra Modi call, gives up LPG subsidy, urges 1L ADAG workers to follow

Anil Ambani heeds Narendra Modi call, gives up LPG subsidy, urges 1L ADAG workers to follow

Heeding to Prime Minister Narendra Modi's call, industrialist Anil Ambani has given up cooking gas subsidies and has urged his group's about one lakh employees to follow suit.

By: | New Delhi | Published: April 22, 2015 2:50 PM
Anil Ambani, Anil Ambani LPG subsidy, Anil Ambani ADAG, anil dhirubhai ambani group, Narendar Modi, business news

“Our Prime Minister Narendra Modi has undertaken several impactful steps to promote a more inclusive and equitable quality of life for all sections of the society,” said Anil Ambani’s Reliance group. (PTI)

Heeding to Prime Minister Narendra Modi’s call, industrialist Anil Ambani has given up cooking gas subsidies and has urged his group’s about one lakh employees to follow suit.

Ambani joins a host of industry leaders, including Mukesh Ambani, Anand Mahindra, Anil Agarwal, Gautam Adani, Uday Kotak and Kishore Biyani, who have rallied behind Modi’s call to well-to-do people to give up buying LPG at below market price so as to help cut subsidy bill.

“As a mark of solidarity to this noble initiative, the leadership team of Reliance Group has already opted out of LPG subsidy,” Ambani’s Reliance Group wrote to its employees yesterday evening.

It appealed to employees, who can afford to buy LPG at market price, to “voluntarily join this moment and contribute to the cause of nation building.”

“We strongly believe that this is a great opportunity for all of us to make a humble contribution towards energy conservation, social equitability and improved utilisation of scarce natural resources,” it wrote.

Modi had last month launched the ‘Give-it-Up’ campaign, nudging the well-to-do to give up LPG subsidies. Over three lakh people, including ministers, government and public sector officials and MPs have given up using subsidised LPG.

While a subsidised cooking gas (LPG) cylinder costs Rs 417 per 14.2-kg cylinder in Delhi, a marketed priced bottle of the same size comes for Rs 621. Consumes are entitled to get 12 cylinders at the subdidised rate in a year.

In its letter to employees, the Group also detailed the procedure for giving up the use of subsidised LPG.

“Our Prime Minister Narendra Modi has undertaken several impactful steps to promote a more inclusive and equitable quality of life for all sections of the society. One such initiative is ‘Give it Up’, through which government is urging the economically well to do sections of the society to voluntarily give up use of subsidised LPG and buy at market price,” it added.

  1. Raja Ray
    Apr 22, 2015 at 9:50 pm
    JDU claimed that it is Nitish only who appealed 1st. TMC claimed it was Mamata's idea. Congress said 1st Sonia appealed for withdrawal of subsidy of Gas cylinder and Modi stolen the idea.
    Reply

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