Women’s Day Big Gift: Govt extends Rs 300 LPG subsidy till 2025
The government had in October last year increased the price from Rs 200 to Rs 300 per cylinder for 12 refills per 14.2 kg cylinder per year. A subsidy of Rs 300 per cylinder has been given in the current financial year, which ends on March 31.
Women’s Day Big Gift: Ahead of the Lok Sabha elections 2024, the government on Thursday announced an extension of Rs 300 per LPG cylinder subsidy to poor women under the Ujjwala scheme from April 1 for the next financial year. Women’s Day Big Gift: Govt extends Rs 300 LPG subsidy till 2025.
The government had in October last year increased the price from Rs 200 to Rs 300 per cylinder for 12 refills per 14.2 kg cylinder per year. A subsidy of Rs 300 per cylinder has been given in the current financial year, which ends on March 31. The Cabinet Committee on Economic Affairs (CCEA) has now decided to extend this subsidy till 2024-25, Union Minister Piyush Goyal told reporters here.
This measure will benefit about 10 crore families and will cost the government Rs 12,000 crore. Lok Sabha elections 2024 will be held in April-May. To make liquefied petroleum Gas (LPG), a clean cooking fuel available to rural and deprived poor families, the government launched the Pradhan Mantri Ujwala Yojana (PMUY) in May 2016 to provide deposit-free LPG connections to adult women from poor families.
While the connection was provided free, the beneficiaries had to buy LPG refills at the market price. As fuel prices skyrocketed, the government provided a subsidy of Rs 200 per cylinder to PMUY beneficiaries in May 2022. It was raised to Rs 300 in October 2023.
Ahead of assembly elections in five states, including Madhya Pradesh and Rajasthan, the government had in late August cut cooking gas prices by Rs 200 per cylinder. After this, the LPG cylinder price has come down to Rs 903.
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For Ujwala beneficiaries, the price was Rs 603 after considering the subsidy of Rs 300 per cylinder, which is paid directly into the bank accounts of the contacts.
Targeted support to PMUY consumers encourages them for continued use of LPG. Average LPG consumption by pMUY customers increased by 20 per cent from 3.01 refills in 2019-20 to 3.68 in 2021-22. All PMUY beneficiaries are eligible for the targeted subsidy scheme.
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