Over 9 crore beneficiaries of Pradhan Mantri Ujjwala Yojana are now getting a subsidy of Rs 200 per gas cylinder (for up to 12 cylinders), leading to a price cut, which now costs Rs 803 per 14.2 kg cylinder.
A 14.2kg LPG cylinder normally costs Rs 1,003 in the national capital. Poor women, who have been given free cooking gas connections under the scheme, will receive the Rs 200 grant directly into their bank accounts.
The announcement was made on Saturday by Finance Minister Nirmala Sitharaman via a series of tweets.
9/12 Also, this year we will give a grant of ₹200 per gas cylinder (up to 12 cylinders) to more than 9 crore beneficiaries of Pradhan Mantri Ujjwala Yojana. This will help our mothers and sisters. This will have a revenue implication of approximately ₹6100 crore per year. #Ujjwala
— Nirmala Sitharaman (@nsitharaman) May 21, 2022
The move will ease some of the burden of cooking gas rates rising to record levels. Ms Sitharaman had also said that it will have a turnover implication of about Rs 6,100 crore per year.
It is seen as a measure to curb rising inflation as LPG cooking gas prices rose by Rs 3.50 for the second time this month on Thursday, crossing Rs 1,000 across the country.
On May 19, 14.2kg of domestic LPG cylinders in Delhi and Mumbai were priced at Rs 1,003 each. In Kolkata they cost Rs 1,029 while in Chennai the price was Rs 1,018.5 per cylinder.