Government raises commercial LPG quota to 70% for states
pre-market1 source ↓written by the desknot a recommendation
- to address supply
- 50% to 70%
The central government has increased the commercial LPG quota for states from 50% to 70% to address supply shortages in labour-intensive sectors like steel, automobile, textile, and chemical. This move aims to stabilize the LPG supply chain affected by ongoing geopolitical tensions in West Asia. The decision is expected to support industries reliant on LPG for operations.
Not investment advice. For informational purposes only.