LPG Subsidy: The Central Government can bring new changes in the subsidy received on LPG (Liquefied Petroleum Gas) cylinders. Discussions are currently underway, and an internal government survey shows that customers are willing to pay up to Rs 1000 for refilling LPG gas cylinders. This means that the prices of LPG cylinders may increase further in the coming days.
According to sources cited in a report, the Indian government is currently considering two proposals. The first option is to sell LPG cylinders to any consumer without subsidy. However, the second option makes room for LPG subsidy, but only for select consumers.
Although nothing has been officially clarified by the government regarding LPG subsidy so far, but reports suggest that the government may impose a cap on LPG subsidy. For example, families with a family income of Rs 10 lakh or more will not be able to apply the subsidy. This will help in giving subsidy to the needy.
For the past several months, the central government has stopped the subsidy on LPG from May 2020. The move was taken following a fall in the price of crude oil and LPG gas in the international markets during the COVID-19 pandemic.
LPG Subsidy: Although the subsidy given by the government has not stopped completely. For example, in FY21, the government’s expenditure on subsidies was Rs 3,559. However, in comparison, LPG (Liquefied Petroleum Gas) subsidy expenditure stood at Rs 24,468 crore in FY20.
The beefed-up numbers in FY20 were reported in the backdrop of the DBTL scheme, in which LPG customers had to pay in full for LPG cylinders to get the subsidy in their bank accounts later. This (Subsidy) scheme started by the Central Government in January 2015 was recently stopped by the Central Government.
Check online Subsidy
Sales of domestic cooking gas LPG, the only fuel to show an increase in consumption during the height of the first nationwide lockdown, were almost flat at 2.16 million tonnes over the previous month, but down 5.5 per cent over the previous year . However, it was 5.5 per cent higher than pre-Covid May 2019. This is because the government has given free cylinders under the COVID-19 relief package.
All LPG consumers will have to buy the fuel at market price. However, the government subsidizes 12 cylinders of 14.2 kg per family in a year by transferring the subsidy amount directly to the users’ bank accounts. Currently, the government subsidizes the users of LPG and generally, the LPG rates are revised on the 1st of every month.
Check subsidy like this
Sometimes it may happen that you would like to manually check whether the subsidy has been transferred to your account or not. We are discussing how you can check your LPG gas subsidy status on government owned companies like IOCL, HP and BPCL. Here is a step-by-step guide on how to check LPG subsidy status online on the consolidated website.
- First of all go to mylpg.in.
- Now enter your LPG ID on the right side of the space provided
- Fill your registered mobile number details
- Punch in the captcha code and enter proceed
- You will receive an OTP on your registered mobile number
- In the pop up window mention whether your bank and Aadhar card is linked with your LPG account
- Click Now To View Cylinder Booking History / Subsidy Transfer
The Government Initiative (DBTL) scheme ensures that the LPG cylinder subsidy is provided directly into the customers’ Aadhaar linked bank accounts. Meanwhile, the government has already given 8 crore free LPG connections to poor women under PMUY to increase the coverage of eco-friendly fuel in kitchens.
