LPG Cylinder Price News: Amidst the ongoing global tension and turmoil in the international market, the Narendra Modi government at the Center has taken several rapid decisions one after the other regarding LPG cylinders. In the month of June alone, the government has taken 3 major decisions regarding LPG, which has raised the tension of common consumers to the seventh sky.
Due to these new decisions, the burden of inflation on the middle class and poor families has increased significantly. Let us know in detail about these three big decisions of the government and how they are directly affecting your pocket.
Huge reduction in subsidized cylinders of Ujjwala scheme
In its first major decision, the government has made a major change in the rules of subsidy given to the beneficiaries of ‘Pradhan Mantri Ujjwala Yojana’ (PMUY). Under this, the annual limit of subsidized LPG cylinders has been directly reduced from nine to four. Let us tell you that when this scheme was started in the year 2016, a total of 12 cylinders of 14.2 kg were given to the beneficiaries on subsidy in a year. After this, last year the government had reduced this number to nine and now it has been further reduced to just four cylinders annually.
However, the government had introduced a targeted subsidy of Rs 200 per cylinder for the beneficiaries of the Ujjwala scheme in May 2022, which was later increased to Rs 300 in October 2023. This subsidy amount is still being sent directly to the bank accounts of the beneficiaries (through DBT), but now this benefit will be available only on four cylinders in a year.
Shock to general public, increase in domestic cylinder prices again
The second major decision of the government is regarding the prices of 14.2 kg LPG cylinders used in common households. The government has made a direct increase in the price of domestic LPG cylinder by ₹ 29 per cylinder. This is the second big hit of inflation on the general public within the last three months. After this latest increase, the price of 14.2 kg LPG cylinder in the country’s capital Delhi has increased from Rs 913 to Rs 942 from June 7. Earlier, in the month of March also the government had made a huge increase of ₹ 60 per cylinder.
Running hotels and dhabas has become expensive, commercial cylinder prices also increased
Along with domestic gas, the government has also not spared those using commercial gas. Under the third decision taken on June 1, the prices of commercial LPG as well as small five kg cylinders used in hotels, restaurants and dhabas have also been increased. Under this, the price of 19 kg heavy commercial LPG cylinder has been increased by ₹ 42, after which its price in Delhi has increased from Rs 3,071.50 to Rs 3,113.50. At the same time, the price of a five kilogram small gas cylinder has also been increased by ₹ 11, making it now Rs 821.50.
If we understand the main reason behind these decisions, then due to the ongoing serious crisis in West Asia (Middle East), sharp fluctuations are being seen in the prices of crude oil and LPG in the international market. According to the official statements of the government, the country’s government petroleum companies are suffering a huge loss of about Rs 700 per cylinder on the sale of LPG. Apart from this, due to the sale of petrol and diesel being lower than the cost, the companies are continuously incurring losses, to compensate for which these steps have been taken.
-
Would Mohamed Salah Have Remained at Liverpool if He Knew Arne Slot Was Leaving? Former Red Analyses the ‘Egyptian King’s’ Exit from Anfield

-
Thomas Partey's Visa Denial Prevents Participation in World Cup Opener

-
Fifa World Cup: Larin rescues Canada with late goal against Bosnia

-
Severe Weather Threatens UFC Event at the White House

-
Panchayat actor Raghubir Yadav recalls surviving on Rs 2.50 a day, staying away from home for 20 years: 'I never considered my life a struggle'
