PM Modi-led government cuts LPG cylinder prices by Rs 200, to provide relief to households
The Narendra Modi-led government has announced a cut in the price of LPG cylinders by Rs 200. This means that a 14.2-kg cylinder will now cost around Rs 900, down from the current price of Rs 1,103. The price cut will come into effect from Wednesday, August 31.
The move is being seen as a pre-poll sop by the government ahead of the upcoming assembly elections in Rajasthan, Chhattisgarh, Madhya Pradesh, and Telangana. The government has also announced that it will add at least 75 lakh new beneficiaries to the Pradhan Mantri Ujjwala Yojana, which provides free LPG connections to poor households.
In a tweet, PM Modi said that the price reduction will “increase the comfort of the sisters in my family and make their lives easier.” He also wished all sisters a happy Raksha Bandhan.
The price cut is likely to be welcomed by households across the country, as it will provide much-needed relief from the rising cost of living. It is also likely to boost the popularity of the government ahead of the upcoming elections.
- The price cut will be applicable to all LPG cylinders, including those used under the Pradhan Mantri Ujjwala Yojana.
- The price of a 5 kg LPG cylinder will be reduced by Rs 135.
- The price cut will be effective from Wednesday, August 31.
- The move is likely to save households an average of Rs 100 per month.
The price cut is a welcome relief for households, but it is important to note that the cost of LPG is still high. The government should take further steps to reduce the price of LPG and other essential commodities to make them affordable for all.