The Modi government has abolished the subsidy on LPG in most cities by increasing it from time to time.
The common household, which is entitled to 12 cylinders of 14.2 kg each at subsidized rates in a year, and the Ujjwala scheme beneficiaries who get free connections, now pay the market price.
The price of 5 kg LPG cylinder has now gone up to Rs 502. This is the fourth increase in the prices of domestic LPG cylinders since July. The prices were increased by Rs 25.50 per cylinder in July. This was followed by an increase of Rs 25 each on August 17 and September 1. Energy expert Narendra Taneja told Hindustan that the price of petrol, diesel and domestic LPG cylinders is not expected to come down further.
You can easily check if you are getting subsidy on LPG cylinder or not. Let’s understand step by step the whole process
- You go to the website http://mylpg.in/ from mobile.
- Enter your 17 digit LPG ID.
- Enter the registered mobile number, fill the captcha code and proceed
- An OTP will come on your mobile number.
- On the next page, generate the password by entering your e-mail ID.
- An activation link will appear on the e-mail, click it, your account will be activated as soon as you click the link, after that you login to mylpg.in
- If your Aadhar card is linked with LPG account then click on it.
- After this the option of View Cylinder Booking History / Subsidy transferred will be shown.
- From here you will know whether the subsidy has been transferred to your bank account or not.
Explain that subsidy on domestic gas is available only to those whose annual income does not exceed 10 lakhs. If husband and wife together earn 10 lakhs then they will not get LPG subsidy.
Loss of Rs 100 per cylinder to companies
Sources associated with Indian Oil, Hindustan Petroleum and Bharat Petroleum said that at present there is a loss of Rs 100 per cylinder. In May, Saudi Arabia used to supply LPG at the rate of $483 per metric tonne. At the same time, in October, Saudi Arabia has made $ 797 per metric ton, due to which the companies are incurring a loss of about Rs 100 per cylinder.Crude oil at seven-year high
The international benchmark Brent crude price rose to $82.92 a barrel after OPEC+ (oil-producing countries) restricted production growth to four lakh barrels per day, leading to a large proportionate increase in fuel prices. This is the highest level in seven years. Due to the rapid pace of corona vaccination, the economy of the whole world is opening up rapidly.
Due to this the demand for fuel has increased rapidly. Production is not happening in that ratio. In such a situation, the price of crude oil can be seen further in the coming days. This is bound to have an impact on the Indian market as India imports 85 per cent of its crude oil requirement. In such a situation, it would be better not to expect cheap fuel.
