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Ruling out any immediate hike in prices of LPG and kerosene, oil minister Dharmendra Pradhan said on Saturday the new government will continue with the policy of subsidising commonly used cooking fuels, PTI reports. "There will no increase in LPG and kerosene prices for now. We will continue with the extant pricing policy," he said. Besides continuing to subsidise LPG and kerosene, the NDA government will also not disrupt the previous UPA government's policy of up to 50 paise a litre increase in diesel price every month.

"The (Narendra) Modi government has come to power riding on hopes of millions of poor and this government will work keeping their interest in mind," he said. Pradhan said Modi government will decide on policies keeping the interests of the country, its poor, youth and women in mind. He, however, added that continuing subsidies does not mean the government will not pursue reforms.

Source-On Request