Bhutan requests GoI for subsidy

The economic affairs ministry, through the Bhutanese embassy in New Delhi, has requested the Government of India, to reconsider the withdrawal of subsidy on cooking gas and kerosene, whose prices will double or triple in the coming days. According to the new rates, a refilled LPG cylinder will cost Nu 1,145 in Phuentsholing and Nu 1,196 in Thimphu. Similarly, the cost of a litre of kerosene has increased byNu 40.30 to Nu 41.73 from the previous rates.The GoI introduced this cost cutting measure due to budget constraints. The move is expected to save Rs 50b in LPG subsidies.