In a formal notification released on Friday, it was stated that the targeted subsidy for Pradhan Mantri Ujjwala Yojana members had been approved.
Prime Minister Narendra Modi’s Cabinet Committee on Economic Affairs authorized a targeted subsidy for Pradhan Mantri Ujjwala Programme participants on Friday. For up to 12 refills each year, the Government has sanctioned a subsidy of Rs 200 for every 14.2-kilogram cylinder. This would be given to PMUY members, who as of March 1, 2023, total about 9.59 crore.
PMUY‘s projected total expenses for 2022–2023 are estimated to be Rs 6,100 crore. It will increase to Rs 7,680 crore during 2023–24, according to the official notice. The PMUY subsidy is immediately deposited into the bank accounts of qualified recipients.
The statement further said that the subsidy had already been offered since May 22, 2022, by the public service oil marketing companies Indian Oil Corporation Ltd. (IOCL), Bharat Petroleum Corporation Ltd. (BPCL), and Hindustan Petroleum Corporation Ltd. (HPCL).
many components are causing a big rise in the price of LPG cylinders in India’s market. Protecting PMUY members from increasing LPG costs is necessary, the administration noted in its statement. The targeted subsidy is accessible to all PMUY beneficiaries.
with a goal of support, the public is urged to keep using LPG. In order for PMUY users to totally migrate to cleaner cooking fuel, it is essential that we keep LPG growth and usage among them. PMUY users’ average LPG usage has climbed by 20%, from 3.01 refills in 2019–20 to 3.68 in 2021–2022, the company reported.
Pradhan Mantri Ujjwala Yojana (PMUY) information :
The PMUY was introduced by the central government as a program – with the goal of providing rural and poor families with the use of cooking gases like LPG before they use it to burn wood, coal, cow dung cakes, etc.
On May 1, 2016, PMUY was introduced in Ballia, Uttar Pradesh.
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