The total cost outlay for the Centre as a result will stand at Rs 13,780 crore, including Rs 6,100 crore in 2022-23 and Rs 7,680 crore in 2023-24
Catch all the latest updates from across the globe here
Congress president Mallikarjun Kharge on Wednesday slammed the Centre for raising prices of domestic and commercial LPG ahead of Holi
The Congress in Rajasthan on Wednesday hit out at the Centre over the increase in LGP cylinder prices, accusing the government of working against the interest of the common man ever since it came to power. Cooking gas LPG price on Wednesday was hiked by Rs 50 per cylinder. Non-subsidised LPG price was hiked to Rs 1,103 per 14.2-kg cylinder - the first increase since July 2022, an oil company price notification said. The increase in LPG gas cylinders is another blow to the common people who are already suffering due to high inflation in Modi's rule, PCC spokesperson Swarnim Chaturvedi said. Inflation is skyrocketing under the Modi rule and people are suffering. By increasing the rate of LPG cylinders, the government has once again proved that it has nothing to do with the interest of the common man, he charged. Chaturvedi said the state government had announced in the budget that it would provide cylinders at a subsidised rate of Rs 500 to the poor in order to minimise the impact of
LPG cylinder price today: The price for a 19 kg commercial cylinder has also been hiked by Rs 350.5
Petroleum and oil marketing companies raised the price of commercial liquid petroleum gas (LPG) cylinders by Rs 350.50 per unit and domestic LPG cylinders by Rs 50 per unit with immediate effect
More than 95.8 million gas connections have been released under PMUY as of February 2, 2023, reveals data available on the official PMUY website
The Congress in Goa will distribute letters written by its leader Rahul Gandhi which mention that the party will provide LPG cylinders at Rs 500 if it comes back to power in the coastal state in 2024.
He also termed Ujjawal Yojana 'BJP's drama' saying that "the tanks are lying vacant"
"All domestic gas cylinders will have QR code in the next three months", said IOCL chairman Shrikant Madhav
The state govt has also announced 10% value added tax reduction on compressed natural gas and piped natural gas
This will help them tide over continuing losses in providing domestic liquified petroleum gas
Business Standard brings you top news of the evening
The government will extend a one-time grant of Rs 22,000 crore to three state-owned fuel retailers to cover for the losses they incurred on selling domestic cooking gas LPG below cost in the last two years, I&B Minister Anurag Thakur said on Wednesday. The Union Cabinet headed by Prime Minister Narendra Modi at a meeting on Wednesday, approved the one-time grant to three oil marketing companies - Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL), Thakur told a news briefing. The grant will be for covering the losses they incurred on selling LPG below cost to consumers from June 2020 to June 2022. The three firms sell domestic LPG at government-regulated prices to consumers. Between June 2020 to June 2022, the international prices of LPG soared by around 300 per cent. However, to insulate consumers from fluctuations in international LPG prices, the cost increase was not fully passed on to consumers of domestic LPG,
The PAHAL scheme, launched in 2013, is aimed at reduce diversion and eliminate duplicate or bogus LPG connections
August will be full of shocks and surprises as there will be some changes in rules, banks closed for 18 days, a change in the Bank of Baroda cheque payment system and the introduction of PPS
High food inflation forces restaurants to hike prices; ban on service charge will likely lead to further increases in the prices of dishes on the menu
LPG rates this week were hiked by Rs 50 per 14.2-kg cylinder, taking the total increase in last one year to Rs 244 or 30 per cent.
A domestic LPG cylinder will now cost Rs 1,053 in the national capital Delhi. In Mumbai, it will cost Rs 1,052.50
The commercial LPG cylinder price, as of July 1, in the national capital Delhi is Rs 2,021, brought down from Rs 2,219 per cylinder