Nearly 1.04 crore LPG consumers voluntarily surrendered LPG Subsidy

LPG subsidy is transferred to beneficiaries directly in their bank accounts in advance.

Nearly 1.04 crore LPG consumers voluntarily surrendered LPG Subsidy

New Delhi: As on February 2, 2019, more than 1.03 crore LPG consumers have voluntarily surrendered their LPG subsidy under 'GiveItUp' campaign, Oil Minister  Dharmendra Pradhan in a written reply to the Lok Sabha said on Monday.

Domestic LPG prices are revised every month in line with international price of LPG with corresponding revision in monthly LPG subsidy under PAHAL scheme.

In the current month (February, 2019), the price of domestic non-subsidized LPG cylinder (14.2 kg) in Delhi market is Rs 659. The effective cost to the consumer is Rs 493.53. The per cylinder subsidy borne by government for the current month is Rs 165.47.

All India average LPG refill consumption for PMUY beneficiaries during FY 2017-18 is 3.4.  All India LPG average consumption during FY 2017-18 is 6.77.

PM Modi had in 2015 officially launched the Give-it-Up campaign, urging the well-off to surrender their LPG subsidy so that it can be targeted for the needy. The aim is also to bring down the countrys dependence on energy imports by 10 percent by 2022.

LPG subsidy is transferred to beneficiaries directly in their bank accounts in advance.