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New Delhi: The federal government introduced on Thursday that it’s going to proceed offering a subsidy of Rs 300 per LPG cylinder to poor ladies beneath the Ujjwala Yojana. This subsidy extension can be efficient from April 1 for the subsequent fiscal yr.
Earlier Subsidy Hike
Final yr, in October, the federal government had elevated the subsidy from Rs 200 to Rs 300 per 14.2-kg cylinder for as much as 12 refills yearly. This enhanced subsidy was relevant for the present fiscal yr ending on March 31.
CCEA Resolution
The Cupboard Committee on Financial Affairs (CCEA) has permitted the extension of this subsidy till 2024-25. Union Minister Piyush Goyal shared this info with reporters.
Beneficiaries And Price
Almost 10 crore households are anticipated to learn from this transfer, which can price the federal government Rs 12,000 crore.
Goal Of Ujjwala Yojana
The Ujjwala Yojana, launched in Might 2016, goals to offer deposit-free LPG connections to grownup ladies from poor households, making clear cooking gas accessible to rural and disadvantaged communities.
Earlier Subsidy Will increase
Earlier, in Might 2022, the federal government had supplied a Rs 200 per cylinder subsidy to PMUY beneficiaries, which was later raised to Rs 300 in October 2023.
Latest Value Discount
In late August, simply earlier than the meeting elections in states like Madhya Pradesh and Rajasthan, the federal government lowered cooking gasoline costs by Rs 200 per cylinder. This introduced down the worth of an LPG cylinder to Rs 903.
Influence On Beneficiaries
The backed value of Rs 603 per cylinder, after contemplating the Rs 300 subsidy, goals to make LPG extra inexpensive for Ujjwala beneficiaries.
Encouraging LPG Utilization
The focused subsidy scheme encourages PMUY customers to proceed utilizing LPG for cooking functions. Consequently, there was a 20% improve within the common LPG consumption amongst PMUY beneficiaries.
Eligibility
All PMUY beneficiaries are eligible to avail of the focused subsidy scheme, making certain equitable entry to wash cooking gas for these in want.
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