- 1. Cooking gas connections to over 7 million poor families in rural areas for just Rs. 635 per unit.
- A subsidy of . 1,400 per connection will be provided. Shared by Government and state-run oil companies, which can leverage their funds for corporate social responsibility (CSR)
- Public sector oil companies, including Indian Oil Corp (IOC), Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (HPCL), mandatorily spend 2% of their net profit on CSR activities. Their combined annual CSR kitty is estimated between . 800 and . 1,000 crore.
- The oil ministry has set a target to provide 10 million (1 crore) new gas connections,mostly in villages,every year till 2015.
Saturday, October 16, 2010
Cooking gas connection to poor
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