As part of Raksha Bandhan celebrations, the central government had implemented a discount of Rs 200 on the market price of domestic cylinders. With this, the market price of a 14.2 kg LPG cylinder for domestic use has come down to Rs 903. Following this, the price of a cylinder has been reduced to Rs 703 for those who are members of Ujjwala Yojana. Apart from this, an increase of Rs. 100 is being implemented in the subsidy amount.
Union Minister Anurag Thakur shared the information about raising the subsidy in a press conference called to announce the decisions taken in the meeting of the Union Cabinet held on Wednesday. In the Union Cabinet meeting held last month, it was decided to allocate an additional 75 lakh LPG connections under the Pradhan Mantri Ujjwala Yojana scheme for the next three financial years. With this, the total number of beneficiaries under the Ujjwala scheme has increased to 10.35 crores.
It is also worth noting that the LPG subsidy is increasing at a time when the price of petroleum products is increasing in the international market. It is also relevant that the decision comes at a time when inflation remains a threat in the retail market. Along with this, five highly politically important assembly elections to be held by the end of the year have also influenced the central government’s decision.
Pradhan Mantri Ujjwala Yojana (PMUY) is a scheme launched by the central government in 2016 with the aim of women empowerment, environment protection and healthcare. The scheme was launched mainly for the upliftment of low income and below poverty line (BPL) families.