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.
Comments
Y Governments, Police and Judiciary Silent over this serious matter? If Bajarangdala is taking weapon training it is not ((Desh Drohi)) ???
we cannot image India's future. if allow like, India will become Afghanistan if not taken any strict action definitely one day india will lose its all....
Fake news and Fake photo ... stop this nonsense CD .. Hahahaha shaji heltavne kelrappo .. andaman ge kaluhisabekanthe ... andu ameekondu koorappa saaku .. even if it is true , its not a surpise at all ... we must be armed to protect bharath mata ... we are not violating indian laws and we are using common weapons ... bholo bharath mata ki jai ...
MODI original collection next future plan to attack muslims....
RSS is another face of devil. Thisz terrorist and anti indian outfit should be banned immediately and all its assets be seized. Arrest the terrorists carrying out the training and debar them to Andaman Nicobar islands for ever.
So government itself supporting all this activities, then catching the innocent and framing as TERRORIST.
ALL FAKE NEWS..
where is Indian law here..
another face of ISS is RSS
Indian Taliban
these outfit is more dangerous than isis to the country....
#BAN RSS,BD,VHP# AND SAVE INDIA
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