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 finance ministry has hinted that India's fertiliser subsidy bill for 2022-23 (FY23) could rise to around Rs 2.5 trillion against Budget Estimates (BE) of Rs 1.05 trillion
Companies may end up booking this amount as a loss or a customer acquisition cost
The Ministry of Petroleum and Natural Gas had introduced PMUY as a flagship scheme with an objective to make LPG available to the rural and deprived households
Oil Ministry will get approvals to go beyond Budgeted target
2.3 million connections disbursed between August 10 and September 15
Prices were hiked thrice in February itself and then once on March 1.
Usage among the PMUY beneficiaries, who are mostly poor rural households, jumped near 20 per cent
This comes at a time when a large number of businesses are expected to resume work in the coming week.
Under the Pradhan Mantri Garib Kalyan package, over 80 million PMUY beneficiaries are eligible to get three free cylinders over the next three months
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)
Distributors say consumers reluctant to accept cylinders not booked by them
At the same time, the rising international fuel prices had added to the government subsidy burden
The government must make some course corrections before scaling up the PMUY beneficiary target
The Election Commission has sought a clarification from many LPG dealers in five poll-bound states
Spending on LPG scheme has shot up by Rs 500 cr in the Revised Estimates from the budgeted Rs 2,000 cr
Separate functions will be organised in Srinagar and Jammu on the same day to distribute free LPG connections under the scheme
LPG penetration in Odisha is around 40% compared to the national average of 64%