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A modified Direct Benefit Transfer of LPG (DBTL) scheme in 54 districts in 11 states was started 15 November 2014 whereby LPG consumers who have not yet availed the benefit will be able to get cash subsidy amount transferred into their accounts to buy liquefied petroleum gas (LPG) cylinders at market price. [34]
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]
Average LPG consumption of PMUY consumers has increased by 20 percent from 3.01 refills in 2019–20 to 3.68 in 2021–22. [20] [21] Gross gas cylinder consumption increased to 3.71 in 2022-23 and 3.8 in 2023-24. [22] The government has increased the subsidy for poor women under the Ujjwala scheme to Rs. 300 per cylinder for the next financial ...
Sep. 18—Environmentalists and two state lawmakers on Friday sharply criticized Sens. Martin Heinrich and Ben Ray Luján for not opposing $121 billion in tax incentives for the nation's fossil ...
The finance minister informed the Parliament during Vote on Account that as of 31 January 2014, under DBT ₹33 billion for 21 million LPG subsidy and ₹6.28 billion (628 crores) have been transferred for various social programs in 5.4 million transactions. [27] [28]
“Middle-Class Tax Refund payments have been sent out to Californians to help with the high price of gas and cost of living. Californians could receive payments between $200 to $1,050 ...
The Indian government has, since war, subsidised many industries and products, from fuel to gas. [1]Kerosene subsidy was introduced during the 2nd Five Year Plan (1956–1961) and since 2009 slowly decreased until 2022 when it was eliminated.
The effect of a subsidy is to shift the supply or demand curve to the right (i.e. increases the supply or demand) by the amount of the subsidy. If a consumer is receiving the subsidy, a lower price of a good resulting from the marginal subsidy on consumption increases demand, shifting the demand curve to the right.