Home / Energy/ Fuel subsidy is only for kerosene: Finance Ministry

Fuel subsidy is only for kerosene: Finance Ministry


Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 16 May 2018 00:00


The Ministry of Finance yesterday said that the fuel subsidy was only for kerosene given to low-income families and fishermen and there would be no subsidy for petrol or diesel.

Accordingly, 47,555 families receiving Samurdhi assistance and 24,282 owners of one-day fishing boats with fixed engines will receive kerosene subsidies. Accordingly, a subsidy of Rs. 57 per litres of kerosene oil will be provided to the Samurdhi beneficiaries with their Samurdhi funds and the fishermen’s subsidy will be granted in accordance with an agreement of the fisher folk, the Finance Ministry said.

Minister of Fisheries and Aquatic Resources Development and Rural Economic Affairs Vijith Wijayamuni Zoysa said the fuel subsidy for fishermen would come into effect from 18 May.

According to the Minister, the Government will spend Rs. 5 billion to grant the fuel subsidy to fishermen.


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Identifying traitors: I cannot wait until Dr. Padeniya presents his point scheme

Tuesday, 21 August 2018

Cause for excitement I am excited! A way of identifying and measuring a traitor is soon to be unveiled; by no less than the President of the GMOA! Hasn’t he also qualified in some department of neurology? All the more reason to justify my excitemen


The evils of translocating wild elephants

Tuesday, 21 August 2018

The subject of translocating wild elephants has been a much-debated topic recently, after the Department of Wildlife Conservation (DWLC), acting on the orders of the Minster for Wildlife, wanted to move the only two wild elephants habituating the Sin


Climate scientists cheating us to a $ 12 b/year economic loss in 2050

Monday, 20 August 2018

Local news media carried the disturbing pronouncement by World Bank economists to the effect that Sri Lanka will become an extremely hot territory with 30C temperature rise and $ 12 billion per year economic loss by 2050.


Singapore miracle – How SL could benefit from trade with Singapore

Monday, 20 August 2018

According to a media report released by President’s Media Division, a committee of experts has been appointed by the President to examine and report on ‘the practical impact and use of the proposed officer policy guidelines and recommendations on


Columnists More