The Election Commission has objected to the Centre's decision to raise the cap on subsidised LPG cylinders from 6 to 9 in view of the Gujarat assembly elections kicking off on Thursday, according to reports.
Earlier Petroleum minister M Veerappa Moily has said that the cap on subsidised LPG cylinders would be raised to nine from six per household
The Election Commission wrote to Moily asking him to give his explanation by 11 am Wednesday, report says.
India Infoline News Service / 08:59, Aug 25, 2014
The outlook is a flat start. The BankNifty has given a breakout but many of the large caps are remaining in a range keeping the main indices under pressure.