Rakshabandhan Special- Good News for Consumers, Gas Cylinder Price Drops by Rs 200

Amidst the escalating inflation scenario, a much-needed respite emerges as the central government extends relief to the general public.

 On the occasion of Raksha Bandhan, a significant relief measure has been initiated, benefiting all domestic LPG consumers. Each domestic gas consumer will now receive a subsidy of Rs. 200, imparting a sigh of relief. An even more substantial advantage is in store for beneficiaries of the PM Ujjwala scheme, as the government escalates the grant from Rs. 200 to Rs. 400 for these recipients. Cabinet Minister Anurag Thakur affirms that this alteration will provide a comprehensive subsidy of Rs. 400 per cylinder to beneficiaries under the PM Ujjwala Yojana.

This article provides detailed information on the current and prior gas cylinder prices, along with an extensive overview of the PM Ujjwala scheme.

Insights into Previous LPG Cylinder Prices

• The cost of an LPG cylinder displays a fluctuating pattern across different states and union territories. Generally, the prices fall within the range of Rs 1053 to Rs 1200.

• In Delhi, the 14.2 kg LPG cylinder is priced at Rs 1053 per unit, whereas in Kolkata, the equivalent cylinder carries a price tag of Rs 1079.

• Mumbai sets the rate at Rs 1052.50 for the same 14.2 kg LPG cylinder, while Chennai charges Rs 1068.50.

• Bhopal's pricing is set at Rs 1108, Jaipur at Rs 1106, and Patna at Rs 1201.

• In Raipur, the same 14.2 kg gas cylinder is available at Rs 1174.

New Gas Cylinder Price, Festive Season Relief

The central government is offering a generous reduction of Rs 200 for gas consumers, extending considerable benefits to all domestic LPG users. The national average for a 14.2 kg LPG cylinder hovers around Rs 1,100, but with the deduction, consumers will now access this cylinder for approximately Rs 900.

Remarkably, individuals receiving gas cylinders through the PM Ujjwala Yojana will enjoy an extra Rs 200 discount, resulting in a substantial total savings of Rs 400. The revised gas cylinder prices will range from Rs 650 to Rs 700, promising significant advantages for Ujjwala Yojana beneficiaries.

Anticipated to positively impact 33 crore gas consumers across India, this central government initiative will amount to a considerable payout of Rs 7,680 crore to the nation's gas users.

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Insights to PM Ujjwala Yojana

Launched on May 1, 2016, in Ballia, Uttar Pradesh, the Ujjwala Yojana initiative has provided over 9.5 crore gas connections across the nation. Primarily focusing on women, the scheme initially aimed at offering free gas connections. Presently, it also offers special discounts on gas cylinder purchases under the Ujjwala scheme.

Cabinet has endorsed a subsidy of Rs. 200 per year for 12 fuel cylinders weighing 14.5 kg each. The allocated expenditure for the fiscal year 2022-23 is Rs. 6,100 crore, while for 2023-24, it's Rs. 7,680 crore. Impressively, the average LPG consumption among PMUY consumers surged by 20 %, growing from 3.01 refills in 2019-20 to 3.68 in 2021-22. The Ujjwala Yojana continues to empower women through access to clean and affordable energy.

Conclude

The central government's decision to lower gas cylinder prices by Rs 200 marks a commendable step towards alleviating financial burdens on consumers. This gesture aligns with the spirit of the festive season, offering relief and reaffirming the government's commitment to the welfare of the people.

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Frequently Asked Questions (FAQs)

Why did the central government reduce gas cylinder prices by Rs 200?

The reduction in gas cylinder prices by Rs 200 was implemented by the central government as a substantial relief measure for consumers during the festive season. This decision aims to alleviate the financial burden on households, providing timely support amidst rising expenses.

How will the reduced gas cylinder prices benefit consumers?

The reduction of Rs 200 in gas cylinder prices translates to significant savings for consumers. On average, a 14.2 kg LPG cylinder in the country costs around Rs 1,100. With this deduction, consumers will now pay approximately Rs 900 per cylinder, offering tangible economic relief.

Who will benefit from the additional discount under the PM Ujjwala Yojana?

The PM Ujjwala Yojana, which focuses on empowering women through clean energy access, offers beneficiaries an additional discount on gas cylinder purchases. Women who have received gas connections under this scheme will enjoy an extra Rs 200 discount, summing a substantial savings of Rs 400.

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