Between 1 December 2020 and 1 March 2021, the price of 14.2 kg LPG cylinder (14.2 kg LPG cylinders) was increased by Rs 225.
LPG Subsidy: The government of PM Narendra Modi has stopped the subsidy of lakhs of people on cooking gas. Somewhere your subsidy has not stopped. Quickly check online. Due to a decision taken by the government during the Corona epidemic, the burden of subsidies on petroleum has come down by 92 percent. In the first four months of the year 2020-21, the government had given a subsidy of Rs 16,461 crore, which is estimated to be Rs 1,233 crore in the first four months of the year 2021-22.
The government did not make any announcement about discontinuing the subsidy on cooking gas (LPG). This action was done secretly. Actually, in May 2020, petroleum prices in the international market had come down to the lowest level in many years. At that time the price of subsidized and non-subsidized cylinder (LPG Cylinder) became equal. So the government stopped paying the subsidy. Despite the increase in LPG prices, it has not been reintroduced.
It is to be known that between 1 December 2020 and 1 March 2021, the price of 14.2 kg LPG cylinder (14.2 kg LPG cylinders) was increased by Rs 225. In December 2020 and February 2021, the government increased the prices of LPG cylinders by Rs 100 each. In February 2020, the price of non-subsidized LPG cylinder in Delhi was Rs 858. In May 2020, its price came down to Rs 582. This was almost equal to the cost of the subsidized cylinder.
LPG cylinder prices increased again in June 2020. Its price increased to Rs 594. Consumers continued to get LPG at almost the same price till December 1. On December 1, its price was again increased by Rs 50. On December 15, once again an increase of Rs 50 was made. And with this the price of LPG cylinder became more than the subsidized cylinder. But, the government did not transfer the subsidy money to the accounts of lakhs of consumers.
Explain that the Government of India gives four types of subsidies. This includes petroleum product subsidy, food subsidy, fertilizer subsidy and urea subsidy. In the year 2021, between April and July, the government has given a total subsidy of Rs 1,20,069 crore. In this, the share of petroleum subsidy is only one percent.