Industries could be the hardest hit as government considers removing subsidies on some petroleum products. Joy Business gathers that government is considering cutting down subsidies on Kerosene, Premix fuel, residual fuel, Marine gas and LPG. The state still maintains between 8 and 73 percent subsidy on these products despite the recent hikes in prices. According to Joy Business sources, the government is looking at removing about 30 percent subsidies on these products. Meanwhile, industry watchers are hinting of a possible withdrawal of subsidies on residual fuel which is mainly used by industries at the next review date this weekend. This is aimed at helping government to eliminate the pressure on its finances because of the subsidies.