New Delhi:
The Union Cupboard, chaired by Prime Minister Narendra Modi, has accepted the extension of a focused subsidy of Rs 300 per 14.2 kg cylinder for as much as 12 refills per yr for the beneficiaries of Pradhan Mantri Ujjwala Yojana (PMUY) for the monetary yr 2024-25.
As of March 1, 2024, there are greater than 10.27 crore PMUY beneficiaries. The full expenditure will likely be Rs 12,000 crore for the monetary yr 2024-25. The subsidy is credited on to the financial institution accounts of the eligible beneficiaries, the Ministry of Petroleum and Pure Fuel mentioned in an announcement.
To make liquefied petroleum gasoline (LPG), a clear cooking gas, out there to rural and disadvantaged poor households, the federal government launched the Pradhan Mantri Ujjwala Yojana in Might 2016, to offer deposit-free LPG connections to grownup ladies of poor households, the assertion mentioned.
India imports about 60 per cent of its LPG necessities.
To protect PMUY beneficiaries from the impression of sharp fluctuations in worldwide costs of LPG and to make LPG extra inexpensive to PMUY shoppers, thereby guaranteeing sustained utilization of LPG by them, the federal government began a focused subsidy of Rs 200/- per 14.2 kg cylinder for as much as 12 refills each year (and proportionately pro-rated for five kg connections) to the PMUY shoppers in Might 2022.
In October 2023, the federal government elevated focused subsidies to Rs 300 per 14.2 kg cylinder for as much as 12 refills each year (and proportionately pro-rated for five kg connections). As of February 1, 2024, the efficient worth of home LPG for PMUY shoppers is Rs 603 per 14.2 kg LPG cylinder (Delhi).
The typical LPG consumption of PMUY shoppers has elevated by 29 per cent from 3.01 refills in 2019-20 to three.87 refills (until January 2024) prorated for 2023-24.
All PMUY beneficiaries are eligible for this focused subsidy.
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