Govt extends Ujjwala subsidy till FY25
Financial Express Mumbai|March 08, 2024
THE UNION CABINET on Thursday took a clutch of economic decisions, in what is seen as its last meeting before the general elections are announced.
ARUNIMA BHARADWAJ MUKESH JAGOTA
Govt extends Ujjwala subsidy till FY25

It approved a extension of targeted cooking gas subsidy of ₹300 per 14.2-kg cylinder to the beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) by one more year till the end of 2024-25 and raised dearness allowance for the central government staff and retirees by four percentage points.Also, an 8-year scheme for over ₹10,000 crore, was approved to fast-track industrial development in the northeast region.

The LPG subsidy will be provided for up to 12 refills per year. For FY25, total expenditure under the scheme is estimated at ₹12,000 crore, and the subsidy will be credited directly to the bank accounts of beneficiaries.

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