Home > GST > LPG crisis: No respite for restaurants yet

LPG crisis: No respite for restaurants yet

CA Arihant Lodha

Fellow Chartered Accountant | ICAI Certified

LPG crisis: No respite for restaurants yet

MUMBAI/BENGALURU: The restaurant industry is struggling to run regular operations due to the meagre supplies of LPG cylinders . With the govt’s move to hike commercial LPG allocation to up to 70%, it will take some time before the measure actually translates into sustained supply, executives said. “Supply is still hugely limited and erratic. A feeling of uncertainty looms large,” said Anurag Katriar, founder at Indigo Hospitality. The key question is how quickly this revised allocation will translate into on-ground availability, said Pradeep Shetty, vice-president at Federation of Hotel & Restaurant Associations of India (FHRAI).

Watch

Centre Pushes PNG: LPG Supply May Be Stopped Where Pipelines Are Available

A walk along Indiranagar’s 12th Main, known for its cluster of independent restaurants, reflects the strain. “It is all hand-to-mouth at this point,” said Nikhil Gupta, who runs brands including The Pizza Bakery and Paris Panini . The move doesn’t directly help the restaurant sector which is still getting 20%-30% of LPG supplies, said Sagar Daryani, co-founder & CEO at Wow! Momo Foods and president at National Restaurant Association of India (NRAI). State-wise, the supply situation varies with some such as Maharashtra, Karnataka, Rajasthan restricting allocation for restaurants, hurting the sector , Daryani said.

Poll

How long do you predict it will take for improved LPG allocation to benefit restaurants?

In This Article

Need GST Help?

Have GST notice or compliance issues?
Book a consultation with CA Arihant Lodha.