Centre slashes LPG prices by ₹200 ahead of poll season
The HinduThe Union Cabinet on Tuesday gave its nod for the reduction of the price of a domestic LPG cylinder by ₹200. In Delhi for instance, the decision will bring down the cost of a 14.2 kg cylinder from the existing ₹1,103 per cylinder to a more affordable ₹903 per cylinder,” the Ministry said in a release. For PMUY households therefore, the effective price in Delhi after this reduction will be ₹703 per cylinder.” Mr. Modi said, “Our government will always do everything possible that improves people’s quality of life and benefits the poor and the middle class.” There are more than 31 crore domestic LPG consumers in the country, including 9.6 crore Ujjwala beneficiaries. Congress general secretary Jairam Ramesh said the sudden slash is a result of the Karnataka rout of the BJP and the two “successful” meetings of the INDIA bloc formed by the Opposition parties. CPI general secretary Sitaram Yechury said if the Centre stopped collecting cess and surcharges on petroleum products, a cylinder would cost much less even without a subsidy.