For the over 10 crore PM Ujjwala Scheme customers, there’s a additional Rs 300 subsidy over the conventional cylinder value, so they’ll now get an LPG cylinder at simply Rs 503. (PTI/File)
With the newest lower in costs on Worldwide Girls’s Day, the value of an LPG cylinder for the widespread man has come all the way down to Rs 803, a virtually 30% lower within the value during the last six months. Coming simply earlier than the announcement of common elections by the Election Fee in per week or so, the Narendra Modi authorities is attempting to retain its loyal ladies voter base with the cylinder transfer
In one other main reduction to the widespread man simply earlier than the overall elections, Prime Minister Narendra Modi on Friday introduced an additional Rs 100 lower within the LPG cylinder value within the nation. This now implies that LPG value has been slashed by Rs 300 within the final six months.
Final August, the Centre had lower the LPG cylinder value by Rs 200 from the prevalent value of Rs 1,103 for a cylinder in Delhi. With one other Rs 100 lower introduced on Friday on the event of the Worldwide Girls’s Day, the value for an LPG cylinder for the widespread man has come all the way down to Rs 803, a virtually 30% lower within the value during the last six months.
For the over 10 crore PM Ujjwala Scheme customers, there’s a additional Rs 300 subsidy over the conventional cylinder value, so they’ll now get an LPG cylinder at simply Rs 503.
The Union Cupboard on Thursday had additionally prolonged this subsidy for PM Ujjwala customers for monetary yr 2024-25. In October 2023, the federal government had elevated this subsidy from Rs 200 to Rs 300 per cylinder.
Coming simply earlier than the announcement of the overall elections in per week or so by the Election Fee of India, the Modi authorities is attempting to retain its loyal ladies voter base with the cylinder transfer.
The Congress social gathering has been operating a marketing campaign saying the LPG cylinder was priced solely round Rs 400-Rs 500 throughout its time period, however the value had risen exponentially underneath the NDA regime. With the value cuts introduced now, the Modi authorities can declare that it has introduced the LPG value for the poorest of the customers (PM Ujjwala beneficiaries) to Rs 503 and has been cognizant to the issues of the poor and the ladies voters on costs.
The LPG cylinder costs had practically doubled to Rs 1,103 over the previous three years until August final yr. The Opposition-ruled states, too, focused the Centre on the excessive LPG cylinder costs, making the state of affairs uncomfortable for the BJP.
Former chief minister Ashok Gehlot in Rajasthan has already began giving LPG cylinders for Rs 500, with the state footing the remainder of the fee, and the current BJP authorities in Rajasthan needed to comply with go well with after making a ballot promise of giving the LPG cylinder at Rs 450.
The BJP authorities in Madhya Pradesh needed to additionally announce giving LPG cylinders at Rs 450, given the assault from the Congress social gathering on this.
India imports greater than 60% of its home LPG consumption and the value of LPG within the nation is linked to its value within the worldwide market. However political realities are totally different. The rising value of LPG has additionally not impacted consumption, which has, actually, been rising in India. The consumption of LPG within the nation has gone up from 19.62 Million Metric Tonnes (MMT) in 2015-16 to twenty-eight.50 MMT in FY 2022-23.
Additionally, the variety of home LPG customers has elevated from 16.67 crore in 2016 to 31.5 crore in 2023, which incorporates practically 10 crore new PMUY beneficiaries. The per capita consumption of LPG by the PMUY households has additionally gone up from 3.01 refills in 2019-20 to three.71 refills in 2022-23, figures present.
