LPG Cylinder Subsidy: Who can profit and the way a lot rebate you’re going to get, learn new guidelines | Economy News

New Delhi: Union Finance Minister Nirmala Sitharaman had introduced an LPG subsidy final week, which might assist thousands and thousands of Indian households which might be struggling to maintain up with rising inflation. The motion by the Center will primarily profit households which have registered for the Pradhan Mantri Ujjwala Yojana.

‚ÄúThis yr, we are going to give a subsidy of Rs 200 per fuel cylinder (upto 12 cylinders) to over 9 crore beneficiaries of Pradhan Mantri Ujjwala Yojana. This will assist our moms and sisters. This may have a income implication of round Rs 6100 crore a yr,” Union Finance Minister Nirmala Sitharaman stated in a sequence of bulletins on May 21.

As a results of the financial impacts of the Covid pandemic, the PM Ujjwala scheme will probably be phased out in June 2020.

Domestic and business cooking fuel cylinders have suffered a succession of worth hikes in latest months, in keeping with the discover. In the nationwide capital, a 14.2-kg LPG cylinder prices Rs 1,003. Following the federal government’s resolution, beneficiaries of the Pradhan Mantri Ujjwala Yojana will obtain a subsidy of Rs 200 per cylinder of their financial institution accounts. The beneficiaries pays Rs 803 per unit for a family LPG cylinder because of this subsidy.

The central authorities began the Pradhan Mantri Ujjwala Yojana (PMUY) in 2016 with the purpose of constructing cooking fuel obtainable to rural and low-income households. “In May 2016, the Ministry of Petroleum and Natural Gas (MOPNG) launched the ‘Pradhan Mantri Ujjwala Yojana’ (PMUY) as a flagship scheme with the objective of making clean cooking fuel such as LPG available to rural and deprived households who were previously using traditional cooking fuels such as firewood, coal, cow-dung cakes, and so on,” in keeping with the PMUY web site.

The Pradhan Mantri Ujjwala Yojana goals to offer underprivileged households with clear cooking fuels or LPG cylinders at subsidised prices. According to the PMUY’s web site, about 9.17 crore LPG connections have been granted below the scheme on April 25, 2022.

LPG Cylinder Subsidy: Who can get the advantages

As per the 14-point declaration, any grownup lady from a SC, ST, Pradhan Mantri Awas Yojana (Gramin), most-backward lessons, Antyodaya Anna Yojana (AAY), tea and ex-tea backyard tribes, forest dwellers, people residing in islands and river islands, SECC households (AHL TIN), impoverished residence.

Applicants should be over the age of eighteen.

To qualify for an LPG cylinder subsidy, the applicant should not have another LPG connections.

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