There’s uplifting news for the general public grappling with the impact of inflation. In a cabinet meeting held on Tuesday, a crucial decisiowas made concerning the pricing of domestic gas cylinders. Consequently, the government has given the green light to a subsidy of Rs 200 on domestic gas cylinders/LPG (14.2 kg).
Presently, a 14.2-kg LPG cylinder costs Rs 1,103 in New Delhi. Following this subsidy implementation, starting from Wednesday, the cost will be lowered to Rs 903. For beneficiaries of the Ujjwala scheme, the price will be even lower, at Rs 703, accounting for the ongoing Rs 200 subsidy per cylinder.
Union Minister Anurag Thakur shared on X (formerly Twitter): “PM Modi has decided on a Rs 200 reduction in the price of domestic LPG cylinders for all users. This is a gift from PM Narendra Modi to the women of the country, in light of the Raksha Bandhan occasion.”
Subsidy for Both Pradhan Mantri Ujjwala Yojana Beneficiaries and Others
A Rs 200 subsidy is extended to all domestic gas consumers, including those enrolled in the Pradhan Mantri Ujjwala Yojana, who are already availing the existing Rs 200 subsidy. This implies that Ujjwala Yojana beneficiaries will now receive a cumulative subsidy of Rs 400.
Profits Made by Petroleum Companies
Petroleum companies have recorded substantial profits over the past months, successfully turning their previous losses into significant gains. Now, the government has offered this gift to the general populace by reducing the price of gas cylinders.
Reduction in Price for Commercial LPG Cylinders
The cost of commercial LPG cylinders was previously cut by Rs 100 in August, leading to a reduced cylinder price of Rs 1,680. A commercial LPG cylinder has a weight of 19 kg.
Upcoming Assembly Elections
At the end of this year, assembly elections are scheduled to take place in three states: Chhattisgarh, Madhya Pradesh, and Rajasthan. The Madhya Pradesh government has already declared a reduction in cylinder prices.
The Congress party has announced that if elected, it will provide domestic LPG cylinders for Rs 500. In response, Chief Minister Shivraj Singh Chouhan of Madhya Pradesh declared that gas cylinders will be available to everyone during the month of Sawan for Rs 450. Furthermore, he expressed intentions to make this arrangement a permanent one.