New Delhi: The authorities introduced on Thursday that it’ll proceed offering a subsidy of Rs 300 per LPG cylinder to poor girls underneath the Ujjwala Yojana. This subsidy extension can be efficient from April 1 for the subsequent fiscal 12 months.
Previous Subsidy Hike
Last 12 months, 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 12 months ending on March 31.
CCEA Decision
The Cabinet Committee on Economic Affairs (CCEA) has accredited the extension of this subsidy till 2024-25. Union Minister Piyush Goyal shared this data with reporters.
Beneficiaries And Cost
Nearly 10 crore households are anticipated to learn from this transfer, which is able to value the federal government Rs 12,000 crore.
Objective Of Ujjwala Yojana
The Ujjwala Yojana, launched in May 2016, goals to offer deposit-free LPG connections to grownup girls from poor households, making clear cooking gas accessible to rural and disadvantaged communities.
Previous Subsidy Increases
Earlier, in May 2022, the federal government had offered a Rs 200 per cylinder subsidy to PMUY beneficiaries, which was later raised to Rs 300 in October 2023.
Recent Price Reduction
In late August, simply earlier than the meeting elections in states like Madhya Pradesh and Rajasthan, the federal government diminished cooking fuel costs by Rs 200 per cylinder. This introduced down the value of an LPG cylinder to Rs 903.
Impact On Beneficiaries
The sponsored value of Rs 603 per cylinder, after contemplating the Rs 300 subsidy, goals to make LPG extra reasonably priced for Ujjwala beneficiaries.
Encouraging LPG Usage
The focused subsidy scheme encourages PMUY shoppers to proceed utilizing LPG for cooking functions. As a end result, there was a 20% enhance 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 scrub cooking gas for these in want.
Source: zeenews.india.com
