The Narendra Modi government will present the budget in Parliament on February 1 Due to the high price of goods; the common people are hoping that what is going to be in the budget for them, LPG Subsidy: good news for New Year; Cooking gas subsidy money will increase.
Budget 2023 may therefore have big announcements for the middle class. This budget is likely to see major changes from PM Kishan Samman Nidhi Yojana to tax slabs. With this, the amount of subsidy for cooking gas under Pradhan Mantri Ujjwala Yojana may increase.
In May 2021, Union Finance Minister Nirmala Sitharaman announced a subsidy on 12 cooking gas cylinders. More than 9 crore people are directly benefited. At present, like the Ujjwala Yojana, 200 subsidies are given to the LPG cylinders under this scheme with regard to the subsidy of 12 cylinders in a year.
Based on news reports, it has been learned that the Central government has set a target of increasing the coverage of LPG to 100 per cent within the next year. According to the report, the Finance Ministry may increase the allocation for this project. Plans are underway to get rid of the ever-increasing price hike.
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Those who are below the poverty line are expected to get a big relief Financial assistance of Rs.1,600 will be given Under this scheme, the government does not charge the cost of gas ovens and refills.
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