SENSEX
NIFTY
GOLD
USD/INR

Weather

image 30    C

Economy News

The Economic Times

Economy / The Economic Times

details

India may charge gas users to fund planned $42 billion fuel reserves, sources say

India is considering levies on cooking gas and natural gas consumers to fund a proposed $42 billion multi-fuel strategic reserve programme aimed at strengthening energy security after supply disruptions during the Iran conflict. The plan would expand strategic reserves beyond crude oil to include LNG and LPG storage for the first time.

5 Aug 2026 2:52 pm