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The Cabinet approved a subsidy of Rs.200 per 14.2 kg LPG cylinder for up to 12 refills per year.The total expenditurewill be Rs.6,100 crore for financial year 2022-23 and Rs.7,680 crore for 2023–24. Average LPG consumption of PMUY consumers has increased by 20 percent from 3.01 refills in 2019–20 to 3.68 in 2021–22. [19] [20]
Give Up LPG Subsidy is a campaign that was launched in March 2015 by the Indian government led by Prime Minister Narendra Modi. It is aimed at motivating LPG users who are able to afford to pay the market price for LPG to voluntarily surrender their LPG subsidy. [1] As of 23 April 2016, 10 million people had voluntarily given up the subsidy. [2]
It is the world's second largest government-owned subsidiary responsible for manufacturing LPG. [5] The brand was conceived in 1964 to bring modern cooking to Indian kitchens. The first Indane LPG connection was released on 22 October 1965 at Kolkata. Indane serves more than 130 million families through a network of 12,500 distributors. 27% of ...
In India, nearly 28.5 million metric tons of LPG were consumed in the 2023-24 financial year in the domestic sector, mainly for cooking. [18] In 2016, the number of domestic connections was 215 million (i.e., one connection for every six people) with a circulation of more than 350 million LPG cylinders. [19] Most of the LPG requirement is imported.
The price of regular unleaded gas on average was $3.063 per gallon on Tuesday, down from $3.183 a month ago and $3.313 a year ago, according to AAA. This story has been updated with new information.
LNG price is linked to the prevailing crude oil price in global markets. [64] The purchase price would be cut to around US$2.5 per million BTU for the six-month period beginning April 1, 2020 compared to US$3.23 for the earlier period. [65] In March 2020, India announced that is increasing taxes on petrol and diesel to raise government revenues ...
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A natural gas utility with more than 2 million customers in Arizona, Nevada and parts of California is being fined $2 million by regulators in Arizona over concerns about piping that is known to ...