crossorigin="anonymous">, The government reduced LPG Cylinder Price

Great,The government reduced LPG Cylinder Price As A Gift Of This Raksha Bandhan

Great,The government reduced LPG Cylinder Price As A Gift Of This Raksha Bandhan

Great,The Government Reduced LPG Cylinder Price As A Gift Of This Raksha Bandhan

The Rakshabandhan gift has been offered to the citizens by the Modi government.  The LPG cylinder price will be reduced by Rs 200. Today’s cabinet meeting, presided over by Prime Minister Narendra Modi, resulted in the adoption of this decision. For Raksha Bandhan and Onam, the Modi government has handed a significant present to its citizens. The price of an LPG cylinder would be reduced by Rs 200 by the government. Today’s cabinet meeting, presided over by Prime Minister Narendra Modi, resulted in the adoption of this decision. Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries would receive an additional bonus worth Rs 200.

They already receive a stipend of Rs 200. In this manner, a 400 rupee subsidy will now be credited to his account. A 14.2 kg LPG cylinder currently costs Rs 1,103 in Delhi without a subsidy, thus the Ujjwala Yojana participants will receive 400 rupees instead. This implies that the price for the cylinder will be Rs 703. The price of the gas cylinder in Delhi will be Rs 903 for regular consumers. The discounted pricing is effective as of right now.

LPG Cylinder

Anurag Thakur, a minister for the Union, gave an update on the decisions made during the cabinet meeting. He predicted that there would be 10 crore 35 lakh Ujjwala users overall after receiving 75 lakh fresh connections. The price of LPG tripled worldwide between April 2020 and April 2022, according to Thakur. But only a 35% increase in pricing was seen in India. The government provided assistance to the oil firms. 33 crore LPG customers will benefit from this choice. Elections have nothing to do with this choice. This choice will be put into practice starting right now. A burden of Rs 7,680 crore will result from this in the current fiscal year.

LPG Cylinder

what the current pricing is ?

The government resolved in March 2023 to continue providing the participants of this program with a subsidy of Rs 200 per cylinder for a full year. This program was started by the government in May 2016 to help the underprivileged get clean fuel. In the fiscal year 2022–2023, it spent a total of Rs 6,100 crore; in the fiscal year 2023–2024, it would spend Rs 7,680 crore. The price of a 14.2 kg LPG cylinder in the nation as of March 1 was On 2023, there was a change. Prior to that, in July 2022, the cost of a 14.2 kg LPG cylinder in Delhi climbed to $1103. The cost of a 19.2 kg commercial cylinder changed on August 1. Its cost .

The cost of an LPG cylinder has doubled in the previous three years. For a very long time, people have waited for residential gas cylinder prices to decrease. 14.2 kilogram cylinders cost Rs. 1103, Rs. 1129, Rs. 1102.50, Rs. 1118.50 in Delhi, Mumbai, Kolkata, and Chennai, respectively. The price of an LPG cylinder increased by Rs 50 in July of last year.Prior to that, it was also raised by Rs 50 in May. On November 1, it cost Rs 594. The price was raised on December 2, 2020, to Rs 644. The price was increased to Rs 694 on December 15, 2020. In February 2021, it underwent a three-time price hike, becoming Rs 794.

Price increases occasionally

Its price was reduced by Rs. 10 on April 1 but stayed at Rs. 809. However, it was hiked to Rs. 834 beginning of July 1, 2021. Then it was hiked to Rs 859.50 on August 17, 2021. On September 1, 2021, it climbed one again, making the 14.2 kg cylinder in Delhi equal to Rs 884.50. Its cost increased to Rs. 899.50 on October 6, 2021. then on March 22, 2019, 50. It again raised by Rs. 50 on May 7, 2022, to become Rs. 999.50. Its price rose by Rs. 3.50 on May 19, 2022, to become Rs. 1003.

 

 

 

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