gasoline cylinder: LPG worth lower to have monetary implication of Rs 7,680 cr in present fiscal
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As the federal government on Tuesday introduced Rs 200 lower within the worth of cooking gasoline cylinders for all subscribers, the monetary implication of the choice will come to round Rs 7,680 crore for the 2023-24 fiscal, official sources stated.
Ujjwala scheme subscribers already get Rs 200 subsidy on cooking gasoline cylinders, whereas the discount of Rs 200 in costs of LPG cylinders introduced on Tuesday will likely be on high of that, Info and Broadcasting Minister Anurag Thakur instructed mediapersons after the Union Cupboard assembly.
The extra subsidy on LPG cylinders will come into impact instantly as a ‘Raksha Bandhan‘ and ‘Onam’ present, and can price the exchequer Rs 7,680 crore, the minister added.
The choice got here months earlier than the Meeting elections scheduled in 4 states, and the Lok Sabha elections due subsequent 12 months.
