Union Minister Anurag Thakur announced that the subsidy for 10.35 crore beneficiaries of the Ujjwala scheme has been increased to Rs 400 per LPG cylinder.
Government Announces LPG Price Reduction and Ujjwala Connection Expansion
In a significant move aimed at providing relief to citizens before the festive season, the Indian government has taken two major steps: a reduction in liquefied petroleum gas (LPG) prices and an expansion of Ujjwala connections under the Pradhan Mantri Ujjwala Yojana.
LPG Price Reduction: Relief for Domestic Consumers
The Union Cabinet has approved a noteworthy reduction in LPG prices, benefiting all 330 million LPG users across the country. As part of this measure, domestic consumers of LPG cylinders will receive a subsidy of Rs 200 per cylinder. Additionally, beneficiaries of the PM Ujjwala scheme will receive this subsidy on top of their existing benefits. This reduction has come into effect just in time for the festive occasions of Raksha Bandhan and Onam, serving as a thoughtful gift to the nation.
Enhanced Ujjwala Connections: Boosting Access to Clean Cooking Fuel
The government has also approved for an additional 7.5 million Ujjwala connections. This expansion will raise the total number of beneficiaries under the Pradhan Mantri Ujjwala Yojana to 103.5 million. This move intends to make sure that more families, particularly those from economically weaker backgrounds, have access to clean and affordable cooking fuel.
Positive Impact on Ujjwala Beneficiaries
With the new subsidy, Ujjwala beneficiaries will now enjoy a subsidy of Rs 400 per LPG cylinder. This increase in subsidy aims to alleviate the financial burden on these households and improve their quality of life.
Government’s Explanation and Intent
The decision to reduce LPG prices and expand Ujjwala connections has been clarified by Union Information and Broadcasting Minister Anurag Thakur. He stated that upcoming elections do not influence the move, but the government’s commitment solely drives it to provide relief to the 33 crore LPG users and extend the benefits of the Ujjwala Yojana to more deserving families.
Public Response and Market Impact
The public has warmly welcomed the decision, with citizens expressing their appreciation for the relief provided by the price reduction.Shares of oil companies initially experienced a positive response but later cooled off from the day’s highs.
A Look at the Numbers
Domestic LPG, commonly used for cooking, previously cost Rs 1,103 per 14.2 kg cylinder in New Delhi. The most recent reduction follows a change in LPG prices on March 1, when there was a Rs 50 increase per cylinder.
Ujjwala Yojana: A Brief Overview
Launched by Prime Minister Narendra Modi on May 1, 2016, the Pradhan Mantri Ujjwala Yojana aims to provide 50 million LPG connections to economically disadvantaged families, contributing to improved health and quality of life.
These recent measures, encompassing a reduction in LPG prices and an expansion of Ujjwala connections, underline the government’s commitment to addressing the needs of citizens and enhancing their well-being during festive times and beyond.
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