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Centre Slashes LPG Cylinder Prices By ₹200, Raksha Bandhan Special

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Amidst growing concerns over mounting inflation, the Union Cabinet’s recent decision to grant a ₹200 reduction in the cost of a 14.2 kg LPG cooking gas cylinder comes as a welcome respite for consumers. 

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Source: YouTube

Timed as a pre-Raksha Bandhan gesture aimed at celebrating women, this price cut not only aims to alleviate financial burdens but also serves as a strategic move by the government to address mounting criticisms of escalating living costs.

During Raksha Bandhan and Onam, the government has decided to make things easier for people by lowering the price of household gas cylinders by ₹200. This news was shared by Anurag Thakur, the Union Information and Broadcasting Minister, who mentioned that this is a special gift from Prime Minister Narendra Modi to the women in the country. 

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Source: ABP News

This decision is meant to help families and show appreciation for the important role women play. It’s a way for the government to give some relief during these festive times and also respond to people’s worries about money.

This price reduction is not limited to just regular consumers but extends its benefits to those who are part of the Pradhan Mantri Ujjwala Yojana (PMUY) as well. As of now, buying a 14.2kg LPG cylinder in the national capital costs ₹1,103. However, starting from Wednesday, there will be a noticeable drop in the price, making it ₹903. This substantial price reduction is poised to make a tangible difference for households, aligning with the government’s commitment to providing affordable energy solutions to a wider range of people.

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Source: India Times

For those who are part of the PM’s Ujjwala scheme, the price of the cooking gas cylinder will be further reduced to ₹703. Notably, back in March, the government had already taken a step to provide a subsidy of ₹200 per LPG cylinder under the PM Ujjwala scheme.

To compound this positive impact, Anurag Thakur also shared that the government is planning to offer 75 lakh new LPG connections free of cost through the Ujjwala scheme. This expansion is intended to benefit a substantial number of households, considering that the current count of beneficiaries under the scheme stands at 9.6 crore. The combined efforts of reducing costs and extending access align with the administration’s focus on ensuring clean and affordable energy for all segments of society.

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Source: Zee News

In July, the cost of household LPG cylinders went up by ₹50. This happened after two price increases in May. To help people facing these higher costs, the government started giving a discount to those in the PMUY program last year’s May. This was part of the government’s actions to help when energy prices around the world were going up. The aim was to make sure that important energy resources stay available and not too expensive for everyone.

Also Read:

Karnataka’s Shakti Scheme Explained

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