New Delhi, Feb 12: Cooking gas LPG price on Wednesday was hiked by a steep Rs 144.5 per cylinder due to spurt in benchmark global rates of the fuel.
But to insulate domestic users, the government almost doubled the subsidy it provides on the fuel to keep per cylinder outgo almost unchanged.
LPG price was increased to Rs 858.50 per 14.2 kg cylinder from Rs 714 previously, according to a price notification of state-owned oil firms.
This is the steepest hike in rates since January 2014 when prices had gone up by Rs 220 per cylinder to Rs 1,241.
Domestic LPG users, who are entitled to buy 12 bottles of 14.2-kg each at subsidised rates in a year, will get more subsidy.
The government subsidy payout to domestic users has been increased from Rs 153.86 per cylinder to Rs 291.48, industry officials said.
For Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries, the subsidy has increased from Rs 174.86 to Rs 312.48 per cylinder.
After accounting for the subsidy that is paid directly into the bank accounts of LPG users, a 14.2-kg cylinder would cost Rs 567.02 for domestic users and Rs 546.02 for PMUY users.
The government gave out 8 crore free LPG connections to poor women under PMUY to increase coverage of environment-friendly fuel in kitchens.
Normally, LPG rates are revised on 1st of every month but this time it took almost two weeks for the revision to take place - a phenomenon which industry officials said was due to approvals needed for such a big jump in subsidy outgo.
Others said the decision to defer the increase could have been because of assembly elections in Delhi. Delhi voted on February 8.
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Moral classes for Immoral activities
Oops..Producing some more minor terriorists,,, we have minor cell,,, No issue,, Upon blessing of Saffron Govt,,, documents missing.. as Malegaon blast.. Samajotha blast,,, Release BHAGYA,,,
70% is Hindu population of the nation and if at least 25% are illiterate, still they are more than peace loving community.
However they have at least other 25% educated in them.
The one and only the best solution is target these educated people in conveying the true religion. When they are with you, India will be peaceful country by force.
After sometime it will be peaceful country without force.
Pardon them Lord. These chaddies are ignorant goons. They do not know the fact that what they are doing is selling Bharat maatha to the West.
first of all who are they to teach (rss) ? are they govt? supreme court should stop this kind of nonsense.
INDIAN LAW AND ORDER MUST FOCUS ON THIS CLASSES AND NEED TO TAKE VIDEOS AND CLARIFY,
BEC WE DONT KNOW WHAT THEY ARE TRAINING TO YOUNG CHILDREN
BEC WE DONT WANT ANY TERROR GROUP HERE IN INDIA ...
Cheddis are controlling even our leaders ... We have recognized their cheddi trained MORALS after coming to POWER...
Please DEFINE what is MORALS to YOU>....
Brain washing classes.
RSS and Moral - you must be joking.....where was their moral when they killed Mahatma Gandhi???
Time has come to vanish this terrorist group from INDIA. Hope peace loving INDIANS will do the same very shortly.
Jai Hind
We are seeing what kind of products are coming out from RSS schools. Bajrangdal, VHP, SRS, all immoral rowdies.
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