Price hike / LPG cylinder price hike will continue, beneficiaries of this scheme will get the benefit of subsidy
A big news related to LPG cylinder subsidy may come soon. It is assumed that the increase in the price of LPG cylinder will be related. The ongoing war between Russia and Ukraine has pushed up crude oil prices. It is also being claimed that the price of a domestic gas cylinder will reach one thousand rupees. However, the facts regarding the rising cost of LPG cylinders have not come to light yet.
But the government's internal assessment suggests that the consumer may have to pay Rs 1,000 for a cylinder. There is also talk that the government may take a two-pronged approach to domestic cylinders. In this, either the cylinder should be supplied without subsidy or only some consumers should be given the benefit of subsidy.
The benefit of subsidy is only for the beneficiaries
The government has not yet given a clear indication of the subsidy. But news is coming quoting sources that the rule of one lakh rupees will be implemented. In addition, only the beneficiaries of Ujjawala scheme will be given the benefit of subsidy. Subsidies for other consumers may end. The increase in the price of LPG cylinder is unchanged. The price of a cylinder has been steadily rising in the last year 2021. However, the price of the cylinder has not improved in the new year.
The subsidy started in January 2015
It is to be noted that subsidy on LPG has been coming in the last few months. During the financial year 2021, the government's expenditure on subsidy was Rs. 3559. In the financial year 2020, this expenditure was 24 thousand 468 crore rupees. Actually, this is under DBT scheme. Which was launched in January 2015. In this, consumers have to pay the full amount for a non-subsidized domestic cylinder. The subsidy money is returned by the government to the customer's bank account. However, this refund is direct so the name of the scheme is DBTL.
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