Weeks before polls, LPG price cut by Rs 100
Non-subsidised cooking gas price will be cut to Rs 803 per 14.2-kg cylinder in the national capital with effect from midnight of Friday/Saturday
PTI
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The reduction has been made possible because of easing of international oil and gas prices, against which domestic fuel rates are benchmarked
New Delhi, 8 March
Weeks before general elections,
Prime Minister Narendra Modi on Friday announced a Rs 100 per cylinder cut in
cooking gas LPG price to ease financial burden on households. Non-subsidised
cooking gas price will be cut to Rs 803 per 14.2-kg cylinder in the national
capital with effect from midnight of Friday/Saturday, official sources said.
Prices vary from state to state
depending on the incidence on local taxes. The reduction has been made possible
because of easing of international oil and gas prices, against which domestic
fuel rates are benchmarked. However, no change in petrol and diesel prices was
announced. Petrol and diesel prices continue to be on freeze for a record 23
months now.
All LPG consumers in the country
buy cooking gas at non-subsidised prices. Some like the poor women who got free
connections under the Ujjwala Yojana, and consumers in remote and far-flung
areas are paid a fixed amount of subsidy per refill in their bank accounts.
"Today, on Women's Day, our
Government has decided to reduce LPG cylinder prices by Rs 100. This will
significantly ease the financial burden on millions of households across the
country, especially benefiting our Nari Shakti," Modi said in a post on X.
This is the second reduction in
cooking gas prices in six months. Rates were cut by Rs 200 per cylinder in late
August ahead of assembly elections in five states, including Madhya Pradesh and
Rajasthan. That revision brought down the prices from a nine-year high of Rs
1,103 per 14.2-kg cylinder to Rs 903 and now the rate has been cut to Rs 803.
"By making cooking gas more
affordable, we also aim to support the well-being of families and ensure a
healthier environment. This is in line with our commitment to empowering women
and ensuring 'Ease of Living' for them," the Prime Minister said.
For the beneficiaries of Pradhan
Mantri Ujjwala Yojana (PMUY), who get Rs 300 per cylinder subsidy, a 14.2-kg
LPG cylinder will now cost Rs 503 in the national capital. "Ujjwala
beneficiaries will now get LPG cylinders for only Rs 503 and (other) consumers
will get it only for Rs 803," Oil Minister Hardeep Singh Puri said in a
post on X.
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