-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...
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LPG price crosses Rs.1,050, cylinder refills decline among PMUY consumers -Vignesh Radhakrishnan & Jasmin Nihalani
-The Hindu The price surge in LPG cylinders has pushed consumers to lower the number of LPG refills with 5% of the PMUY beneficiaries refilling just once per year in FY22 The price of a 14.2 kg cylinder has skyrocketed to ₹1,053 in July 2022. Though a subsidy of ₹200 per cylinder was recently announced for the Pradhan Mantri Ujjwala Yojana beneficiaries, the subsidised rate of ₹853 is still double the amount...
More »Cylinder, subsidy give-outs on a downhill since FY20 -Parvathi Benu
-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...
More »Oil Ministry mulls reinstating subsidised LPG prices, survey in progress -Twesh Mishra
-Business Standard Centre assessing appropriate price at which subsidy should resume The Ministry of Petroleum and Natural Gas is evaluating a threshold at which the subsidy on Liquefied Petroleum Gas (LPG or cooking gas) will be reinstated. According to a senior government official in the know, a survey is currently being conducted to determine the price at which maximum consumers will keep buying domestic cylinders. One of the options also being considered...
More »Can govt’s targeted welfare override inflation concern? -Roshan Kishore
-Hindustan Times The budgetary allocations for Ujjwala, which is listed as money for “LPG connections to the poor” in the ministry of petroleum’s budget, was just ₹21,365.81 crore between 2016-17 and 2020-21. With the Prime Minister launching the second module of the Ujjwala Yojana from Mahoba, Uttar Pradesh, the Bharatiya Janata Party (BJP) has, in a way, started its election campaign for the crucial state which goes to the polls in early...
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