LPG Gas Cylinder Subsidy: Government is about to sell its stake in Bharat Petroleum Corporation Limited (BPCL). Which will directly affect more than 7 crore customers using LPG gas.
The govenment is about to sell its stake in Bharat Petroleum Corporation Limited. In such a situation, there were many questions about subsidy in the minds of more than 7 crore customers using BPCL LPG gas. An explanation has been issued by the Central Government regarding this question. Union Minister Dharmendra Pradhan said on Friday that even after privatization of BPCL, its consumers will continue to get LPG subsidy. Explain that the government gives subsidy to consumers of oil marketing companies Indian Oil Corporation (IOC), BPCL (BPCL) and Hindustan Petroleum Corporation Limited (HPCL).
Pradhan said on Friday that LPG subsidy is paid digitally to all the verified customers. Since it is paid directly to consumers, it does not matter whether the servicing company is public sector or private sector. Even after disinvestment, LPG subsidy for BPCL consumers will continue as before. "
Government gives subsidy on 12 gas cylinders
Explain that the central government gives 12 LPG cylinders (LPG) of 14.2 kg in each household at a subsidized rate in a year. This subsidy is paid directly into the bank accounts of the users. The subsidy is paid in advance and consumers use it to purchase LPG refills, which are available only at market prices from dealers of oil marketing companies - Indian Oil Corporation (IOC), BPCL and Hindustan Petroleum Corporation Limited (HPCL) At the moment the refill is purchased using subsidy, another installment is transferred to user bank accounts.
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