Govt extends subsidy on cooking gas by a year at Rs 12,000 cr cost

Modi's government already hiked the subsidy for low income households twice last year to 300 rupees per liquefied petroleum gas (LPG) cylinder from 200 rupees earlier to rein in inflation

ujjwala, PMUY, CYLINDERS, GAS, LPG, CONNECTION, COOKING GAS
India imports about 60% of its liquefied petroleum gas requirement and LPG prices globally have surged more than 300% since April 2020
ANI NEW DELHI
1 min read Last Updated : Mar 07 2024 | 9:14 PM IST
The Union Cabinet on Thursday approved the continuation of Rs 300 targeted subsidy to PM Ujjwala Yojana Consumers for 2024-25.

Talking to reporters after a meeting of the union cabinet, Commerce and Industry Minister Piyush Goyal told reporters that the beneficiaries will get the subsidy directly in their accounts.

The total expenditure for 2024-25 is expected to be Rs 12,000 crore.

Goyal said the decision has come a day before the International Women's Day.

The Union Cabinet had in September last year approved the extension of Pradhan Mantri Ujjwala Yojana for release of 75 lakh LPG connections over three years from 2023-24 to 2025-26. Provisioning of 75 lakh additional Ujjwala connections will take the total number of PMUY beneficiaries to 10.35 crore.

Pradhan Mantri Ujjwala Yojana (PMUY) was started in May 2016 with an objective to provide clean cooking fuel to poor households across the country. Under PMUY, a deposit-free LPG connection is provided to adult women from poor households.

 
Watch: Cabinet briefing by Union Minister Piyush Goyal


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Cooking gassubsidyLPGLPG scheme

First Published: Mar 07 2024 | 8:37 PM IST

Next Story