Amendment in the Kerosene (Restriction on Use and Fixation of Ceiling Price) Order, 1993
With a view to ease the availability of white Kerosene (market priced Kerosene) for sale in the open market, the Central Government has amended the Kerosene (Restriction on Use and Fixation of Ceiling Price) Order, 1993. By virtue of this amendment all the activities of storage, transportation and sale of non-PDS Kerosene have been freed of regulatory control. In this regard, the Kerosene (Restriction on Use and Fixation of Ceiling Price) Amendment Order, 2015 has been published in the Gazette of India vide GSR.41(E) dated 19th January, 2015. It is expected that this will reduce demand for diverted PDS Kerosene by improving availability of non-PDS Kerosene in the open market and will thus meet the demand of Kerosene for various legitimate end uses for the industry and for individual consumption by those who can afford it at market price.Powered by Capital Market - Live News