Govt hikes LPG subsidy to ₹300 for PM Ujjwala Yojana beneficiaries. Details here
The government has raised subsidy amount for Pradhan Mantri Ujjwala Yojana beneficiaries from ₹200 to ₹300 per LPG cylinder
Union Minister Anurag Thakur on Wednesday announced that the government had raised the subsidy amount for Pradhan Mantri Ujjwala Yojana beneficiaries from ₹200 to ₹300 per LPG cylinder.
The government had in August reduced the price of 14.2 kilogram LPG cooking gas cylinder by ₹200. Minister of Petroleum and Natural Gas, Hardeep Singh Puri had said that the government would bear the cost of the promised ₹200 price decrease on household cooking gas cylinders, relieving the oil marketing companies of the impending loss of ₹7,500 crore.
To mitigate the impact of domestic consumer inflation, the Union Cabinet announced a price reduction on LPG on August 29. Oil marketing companies (OMCs) initially expressed apprehension about the Centre's decision, which they projected would have a financial impact of close to ₹7,500 crore.
In Delhi for instance, the decision brought down the cost of a 14.2 kg cylinder from the existing ₹1,103 per cylinder to ₹903.
The 75 lakh additional Ujjwala connections will take total number of PMUY beneficiaries to 10.35 crore.
The decision on additional subsidy for Ujjawala beneficiaries has come ahead of assembly polls in five states. Elections in Rajasthan, Madhya Pradesh, Mizoram, Chhattisgarh and Telangana will be held by the end of this year.
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