LPG Cylinder Price Hike Again? Still You Can Get It Rs 300 Cheaper

LPG Price: Amid rising tensions in West Asia, it is anticipated that LPG cylinder prices will increase once more. According to sources, the cost of domestic LPG cylinders may go up by 40 to 50 rupees. If this occurs, the new price for an LPG cylinder in the national capital, Delhi, could surpass 950 rupees. It’s important to remember that in March, the government raised the price of a 14.2-kilogram LPG cylinder by 60 rupees.

Rs 300 discount will be available

Should LPG cylinder prices rise again, the impact of inflation on everyday people will grow. Nevertheless, over 10 crore individuals will still benefit from a rebate of Rs 300. Under the Pradhan Mantri Ujjwala Yojana (PMUY), the government offers a Rs 300 subsidy to eligible beneficiaries. Thus, regardless of the LPG price for regular consumers, those under the Pradhan Mantri Ujjwala Yojana will receive a Rs 300 subsidy. It is noteworthy that there are currently more than 10.30 crore connections under this scheme.

Eligibility Criteria to obtain a connection under the scheme

-The applicant must be a woman aged 18 years or older.

– There should not be any other LPG connection from any oil company in the same household.

– The adult woman must come from a low-income family.

Required Documents

KYC Application Form

Identity proof (Aadhaar copy of the applicant)

Address proof (only if the address on the Aadhaar differs from the applicant’s current residence).

Ration card issued by the state from which the application is submitted.

Bank account details (copy of passbook/cancelled cheque)

Shock before May 15?

Sources informed India Today TV that the prices of petrol and diesel, in addition to LPG cylinders, are set to rise before May 15 in India. Sources indicated that oil companies are experiencing an under-recovery of approximately Rs 30,000 crore each month. Following the West Asia crisis, public sector petroleum companies such as Indian Oil, BPCL, and HPCL are reportedly losing around Rs 700 to 1,000 crore daily, which totals about Rs 30,000 crore monthly.

The gap between petroleum companies’ costs and retail prices widened sharply in March-April, although it later moderated somewhat. Losses are estimated to be around Rs 18 per liter on petrol and up to Rs 25 per liter on diesel in April.