Subsidy rare term when it comes to commodity buying. However, India government has issued subsidy on LPG. Thus ensuring all Indians get the cylinders are relatively low prices. This is well embraced by citizens who otherwise opted for kerosene or charcoal for domestic uses. The government does this also to curb environmental destruction and to have clean and healthy surrounding. It also helps families who aren’t well off live better without much hassle on fuel.
Nonetheless, subsidy might not apply to all citizens. This happens for those living better let’s say rich. Note subsidy doesn’t apply immediately on goes to the dealer. One buys the cylinder at the given price to later get the subsidy at the bank account. the LPG prices are determined by the international prices by the three LPG giants in the country. This is done on monthly bases thus giving the amount to sell to final consumer. This also affects the subsidy one will receive if each time the prices changes. The country has different sizes of the cylinder that is 19kg for commercial use, 14.2 domestic use and 5 kg also for both commercial and home use.
How will the citizens gain the subsidy?
Sub-sidy doesn’t happen at distribution center; one has to receive it through the bank account. consumers have to link their bank accounts to the Aadhaar card. the consumer has 12 official subsidies for the LPG cylinders in the financial year. This counts from April to 31 March of the next year.
Prices of the LPG
LPG prices are never standardized; each state gives different amounts for the gas. Remember Indian comprises of different states and cities. This happens due to taxes of the state thus affecting the end price. This is also a key determiner fluctuating of prices, the cost of crude oil and also if the country isn’t stable enough like war. If new companies come up with different prices also leads to price changes.
To get the sub sidy and the amount visit the LPG company’s website page. There prices are given according to the kilograms and how much subsidy one will get. Select either on subsidy or non-subsidy prices. This open homepage of the company where you shall enter the city on the market place section. Click on the “ALL” tab representing “product name”.
This will give different prices and subsidy according to the state or city. Taking as Delhi as the market name and ALL at the product name the prices will show but differing from a state like MP.
A few years ago the Prime Minister Narendra Modi gave a request for citizens to give up on the subsidy. This targeting rich and stable citizen to give up and give room to low class citizens. India has a lot of LPG consumers giving a number of 15.3 crore users. This will government burden and focus on other greater matters. Helping the less fortunate get better lives.