LPG Subsidy: Centre working on new cooking gas subsidy policy? Check who could benefit

Many are hoping that the government could start offering subsidies on LPG cylinders. The direct LPG subsidy was stopped by the Central government from May 2020.

New Delhi: With rising inflation, the common man is now expecting the Central government to start offering back subsidies on the purchase of liquefied petroleum gas (LPG) cylinders. The Central government has recently reduced the excise duty on petrol and diesel by Rs 5 and Rs 10, respectively. That’s another reason why many are hoping that the government could re-start offering the subsidies on LPG cylinders. 

Currently, the prices of LPG cylinders are about to touch Rs 1000. According to an internal assessment of the government, consumers are ready to pay Rs 1000 for a cylinder.  

However, according to a report by Zee News Hindi, the Central government is mulling selling cylinders in two ways. One way would be that the government could continue selling LPG cylinders without any subsidies. Secondly, the government could offer subsidies on cooking gas cylinder purchases to select customers.