Lpg Subsidy

Cabinet extends Ujjwala subsidies by 1 year, hikes dearness allowance

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

Puducherry CM N Rangasamy announces monthly LPG subsidy of Rs 300

The Puducherry government on Monday announced a Rs 300 monthly LPG subsidy for the people of the union territory, earmarking Rs 126 crore for the scheme. Chief Minister N Rangasamy made the announcement in the UT budget presented for the year 2023-24. Rangasamy, who detailed the achievements of various departments said the government had earmarked Rs 126 crore for implementing the scheme to provide the subsidy of Rs 300 for all families for one cylinder a month. He presented a Rs 11,600 crore tax free budget. The LPG subsidy initiative would benefit all families possessing family ration cards. The CM said the government would also hold a "World Tamil Conference" here with the participation of Tamil scholars from various countries. A national conference would also be conducted as a highlight of celebration of the 150th birth anniversary of Sri Aurobindo "to propagate his thoughts, philosophy, research on yoga and literature." Further, the government would deposit Rs 50,000 under

Ujjwala scheme: Rs 200 subsidy per cylinder to be extended one more year

The main motive of the extension is to improve the penetration in north-east India, a government official said

Govt eyes ending schemes, including PAHAL, with wasteful expenditures

The PAHAL scheme, launched in 2013, is aimed at reduce diversion and eliminate duplicate or bogus LPG connections

Dept of Expenditure warns against extending the free food scheme: Report

In an internal note, the FinMin's Dept of Expenditure has warned that extension of the free food scheme beyond September or any more tax cuts will have consequences for the Centre's fiscal situation

HPCL, BPCL, IOC: Will OMC stocks remain under pressure on excise duty cut?

According to the current chart structures, shares of OMCs needs to hold their relevant support levels to stay afloat.

Govt to give Rs 200 per cylinder subsidy to poor for 12 cylinders in a year

The govt will give Rs 200 per cylinder subsidy to Ujjwala Yojana beneficiaries for 12 cylinders in a year to help ease some of the burden arising from cooking gas rates rising to record levels

BS Number Wise: Education and the ability-to-pay principle in India

The fees Jawaharlal Nehru University (JNU) earned per student per annum, at Rs 7,375, was 99 times lower than the spending on academic, administrative, and other costs per student per annum in 2019-20

Centre allocates Rs 4,000 crore for Direct Benefit Transfer of LPG subsidy

Lower subsidy allocation for disbursing new connections to poor indicates saturation of new PMUY beneficiaries

Commercial LPG cylinders hiked by Rs 100; will cost Rs 2,101

The Centre continues to subsidise freight for domestic LPG deliveries in far-flung areas

Shifting of LPG subsidy burden helps Centre adhere to budgetary allocations

The subsidy will remain within budgeted levels even though the average international price of LPG from April to October 2021 is 52.49% higher than the full-year average of FY21

Negligible subsidy regime widens doors for pvt firms to expand domestic LPG

Reliance Gas, GoGas, and Aegis Gas could step up

How govt saved over Rs 20,000 cr by silently applying brakes on LPG subsidy

While there was no need for subsidy in the low-oil-price phase of 2020, LPG prices have zoomed in 2021. But the Centre has not transferred subsidy at any point this year

Dim days for Ujjwala: High global prices ring death knell for LPG scheme

Sector watchers say budgetary allocations for LPG subsidy may soon vanish, going the way of kerosene subsidy in the Budget 2021

With no subsidy, cooking fuel burns a hole in consumers' pocket

The subsidy on LPG was done away with and what remained was some freight subsidy, which comes to Rs 20-30 a cylinder

Centre's LPG subsidy bill likely to be lower next year, say experts

The steep fall in crude oil prices coupled with a gradual rise in the price of subsidised domestic LPG cylinders had brought relief to the Centre this year

Non-subsidised LPG cylinder price slashed by over Rs 160; check rates here

This is a third straight monthly reduction in the price of LPG cylinders and comes on the back of falling international rates

Shekhar Gupta: Modi and his politics of messaging

Modi knows who he needs to speak to, who he should toss, and who he can address in kind. So, poke fun at taali, thaali, diya and mombatti. He couldn't care less

Low petrol prices, phased rise in LPG rate to bring down subsidy

Analysts say the subsidy burden on both LPG and kerosene is likely to be around Rs 35,000 crore

From loans to refills at doorsteps, Ujjwala scheme may get a facelift

This is among a slew of measures to be introduced by oil marketing companies to boost the number of refills under the Pradhan Mantri Ujjwala Yojana (PMUY)