LPG cylinder Subsidy- Big information is coming out regarding the subsidy of LPG cylinder. Customers may have to pay Rs 1,000 per cylinder for LPG cylinder. According to media reports, the government has 2 options. First supply cylinders without subsidy. Second, some customers should be given the benefit of subsidy.
New Delhi. Big information is coming out regarding the subsidy of LPG cylinder. An internal assessment by the government indicates that customers may have to pay Rs 1,000 per cylinder for LPG cylinders. However, it is not completely clear what the government’s view is on this.
According to media reports, the government has discussed the issue of subsidy many times but has not made any plan yet. According to media reports, the government has 2 options. First supply cylinders without subsidy. Second, some customers should be given the benefit of subsidy.
Know what is the government’s plan?
Nothing has been said clearly from the government about giving subsidy. According to reports, till now the rule of Rs 10 lakh income will be kept in force and the beneficiaries of Ujjwala scheme will get the benefit of subsidy. For the rest, the subsidy may end. Let us tell you that this scheme was started by Prime Minister Narendra Modi in 2016 to provide LPG connection to the below poverty line families. There are more than 29 crore LPG connections in India, out of which there are about 8.8 LPG connections under the Ujjwala scheme. In FY22, the government is planning to add another one crore connections under the scheme.
What is the status of subsidy?
In the year 2020, when the worldwide lockdown was imposed due to the coronovirus epidemic, the prices of crude oil fell. This helped the Government of India on the LPG subsidy front as the prices were low and there was no need to change the subsidy. From May 2020 onwards, LPG subsidy has stopped in many areas, barring a few that are remote and away from LPG plants.
How much does the government spend on subsidies?
The government’s expenditure on subsidies stood at Rs 3,559 during the financial year 2021. In the financial year 2020, this expenditure was Rs 24,468 crore. Actually this is under the DBT scheme, which was started in January 2015, under which the customers have to pay the full amount for the non-subsidized LPG cylinder. At the same time, the subsidy money is refunded to the customer’s bank account on behalf of the government. Since this refund is direct, the scheme is named DBTL.
