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 Research Team / 15:28, Mar 13, 2015
Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.