Economy

Your cooking gas will become cheaper from tomorrow

Prime Minister Narendra Modi today announced slashing prices of cooking gas. From tomorrow the price of a 14.2 Kg LPG cylinder will be reduced by Rs 200 in all markets across the country. Amid inflationary pressures, the move will provide relief to households ahead of the festive season.

“This is a gift to crores of my sisters of the country on the occasion of Raksha Bandhan. Our government will always do everything possible that improves people’s quality of life and benefits the poor and middle class,” Modi said.

In Delhi, a 14.2 Kg cylinder will cost Rs 903 from tomorrow down from the existing Rs 1,103 per cylinder.

An official statement said that this reduction is in addition to the existing targeted subsidy of Rs 200 per cylinder to Pradhan Mantri Ujjwala Yojana (PMUY) households. For PMUY households therefore, the effective price in Delhi after this reduction will be Rs 703 per cylinder.

There are about 31 crore domestic LPG consumers in the country. This includes 9.6 crore PMUY beneficiary families. The reduction in prices will help all LPG consumers across the country.

To clear pending PMUY applications and to provide deposit free LPG connection to all eligible households, the Centre will soon start distribution of PMUY connections to 75 lakh women from poor households which still have no LPG connection. This will increase the total number of beneficiaries under PMUY from 9.6 crore to 10.35 crore.

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