Reduction in gas prices will increase comfort of my sisters: PM Modi

Prime Minister Narendra Modi on Tuesday said that the reduction in prices of cooking gas cylinders will make the lives of women easier

PM Narendra Modi
PM Narendra Modi (Photo: PTI)
ANI Politics
3 min read Last Updated : Aug 29 2023 | 8:03 PM IST

Prime Minister Narendra Modi on Tuesday said that the reduction in prices of cooking gas cylinders will make the lives of women easier.

Taking to X (former Twitter), PM Modi said, "The festival of Raksha Bandhan is a day to increase happiness in a family. The reduction in gas prices will increase the comfort of the sisters in my family and make their lives easier. May every sister of mine be happy, be healthy, be happy, this is my wish from God."

In a move that will bring respite to households across India, the Central government has announced a reduction of Rs 200 in cooking gas.

Briefing reporters on the decision of the union cabinet, Information and Broadcasting Minister Anurag Singh Thakur said the decision is a gift from Prime Minister Narendra Modi, to the women of the country on Onam and Raksha Bandhan. The meeting of the Cabinet was chaired by Prime Minister Narendra Modi.

Effective Wednesday, the price of a 14.2 kg LPG cylinder will be reduced by Rs 200 across the country. In Delhi for instance, the decision will bring down the cost of a 14.2 kg cylinder from the existing Rs 1,103 per cylinder to Rs 903.

Reacting to the decision taken by the Union Cabinet, BJP National President JP Nadda said, "Heartfelt gratitude for the decision taken by the Cabinet under the chairmanship of respected Prime Minister Narendra Modi, cutting the price of cooking gas. Now Ujjwala beneficiaries will get LPG at Rs 700 and all other consumers will get LPG at Rs 900."

"Modi ji's gift to our women power on the auspicious occasion of Raksha Bandhan. This decision of Modi ji will benefit 33 crore consumers across the country," he added.

This across-the-board reduction is in addition to the existing targeted subsidy of Rs 200 per cylinder to Ujjwala households, which will continue. Therefore, the effective price in Delhi for Ujjwala beneficiaries after this reduction will be Rs 703.

It may be noted that there are more than 31 crore domestic LPG consumers, including 9.6 crore Ujjwala beneficiaries.

Hardeep Singh Puri, Minister of Petroleum and Natural Gas, expressed his happiness with the decision, stating, "We understand the challenges faced by households in managing their budgets. The reduction in cooking gas prices is aimed at providing direct relief to families and individuals, while also supporting the government's larger goal of ensuring affordable access to essential items.

(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 :Narendra ModiGas prices

First Published: Aug 29 2023 | 8:03 PM IST

Next Story