This transfer will profit 9.6 crore households.
New Delhi:
The federal government on Wednesday raised the subsidy offered to poor ladies, who received free cooking fuel connections beneath the Ujjwala Yojana, to Rs 300 per cylinder because it regarded to blunt opposition criticism of excessive gas costs.
The Cupboard Committee on Financial Affairs raised the subsidy from Rs 200 per 14.2-kg cylinders for as much as 12 refils per yr to Rs 300 per bottle, Union Info and Broadcasting Minister Anurag Thakur informed reporters right here.
The transfer will profit 9.6 crore households.
Forward of meeting elections in 5 states, together with Madhya Pradesh and Rajasthan, the federal government had in late August minimize cooking fuel worth by Rs 200 per cylinder. After this, LPG cylinder worth got here right down to Rs 903.
For Ujjwala beneficiaries, the worth was Rs 703 after contemplating the Rs 200 per cylinder subsidy, which is straight paid into the financial institution accounts of connection holders.
After the rise in subsidy, a 14.2-kg LPG cylinder will now value Rs 603 for Ujjwala beneficiaries.
The transfer follows criticism by opposition events of excessive LPG worth. Events like Congress are promising LPG cylinder at Rs 500 if voted to energy.
The hike in subsidy is being seen as an try to blunt that criticism.
Mr Thakur didn’t say how a lot further subsidy outgo the transfer would entail.
For 2022-23, Rs 6,100 crore was offered for the Ujjwala subsidy, which elevated to Rs 7,680 crore within the present 2023-24 fiscal (April 2023 to March 2024).
The subsidy is credited on to the financial institution accounts of eligible beneficiaries.
The focused help to Pradhan Mantri Ujjwala Yojana (PMUY) shoppers encourages them for steady use of LPG.
The typical LPG consumption of PMUY shoppers elevated 20 per cent from 3.01 refills in 2019-20 to three.68 in 2021-22.
All PMUY beneficiaries are eligible for the focused subsidy.
To make Liquified Petroleum Fuel (LPG), a clear cooking gas, out there to rural and disadvantaged poor households, the federal government launched Pradhan Mantri Ujjwala Yojana in Could 2016, to offer deposit-free LPG connections to grownup ladies of poor households.
(This story has not been edited by NDTV workers and is auto-generated from a syndicated feed.)
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