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LATEST NEWS UPDATES | Cylinder, subsidy give-outs on a downhill since FY20 -Parvathi Benu

Cylinder, subsidy give-outs on a downhill since FY20 -Parvathi Benu

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published Published on Jul 25, 2022   modified Modified on Jul 26, 2022

-The Hindu Business Line

Only 242 crore was transferred as LPG subsidies in FY22 compared to 37,209 crore in 2018-19, shows data

The amount of money disbursed as LPG subsidy by the Centre has been steadily coming down since 2019-20. According to the Ministry of Petroleum and Natural Gas, only 242 crore was transferred as LPG subsidies in FY22 compared to 37,209 crore in 2018-19. This was when the maximum number of free cylinders were given under the PM Ujjwala scheme.

In FY20, the number moved lower to 24,172 crore with a decline in LPG prices and fewer number of free cylinders given under PM Ujjwala. Subsidies, however, halved in FY21 despite the pandemic relief that was provided in form of free cylinders under the PM Garib Kalyan Yojana. The give-outs dropped further in FY22, standing at just 242 crore. This was revealed in a Lok Sabha reply by Rameswar Teli, Minister of State for Petroleum and Natural Gas.

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The Hindu Business Line, 25 July, 2022, https://www.thehindubusinessline.com/data-stories/data-focus/cylinder-subsidy-give-outs-on-a-downhill-since-fy20/article65681564.ece


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