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Tag: Give it up campaign

1Crore LPG Users Surrenders Subsidies:”Give-it-Up Campaign

[New Delhi] Give-it-Up: Over 1 Crore LPG Users Surrenders Subsidies .Country Still has 14.34 Crore LPG Connections,: Give-it-Up
More than 1 crore LPG consumers have given up their cooking gas subsidies in one year since Prime Minister Narendra Modi made a call to the well-heeled to give up the same.
Since Modi made the appeal in March last year, 1,00,06,303 LPG consumers have stopped using subsidised cooking gas, helping the exchequer save a few thousand crores of rupees
Consumers are currently entitled to 12 cylinders of 14.2 kg each or 34 bottles of 5 kg each in a year at subsidised rates.
A subsidised 14.2-kg cylinder is currently available at Rs 419.13 per bottle in Delhi while the 5-kg pack costs Rs 155.
Market-priced LPG is available at Rs 509.50 per 14.2-kg cylinder.
Giving up subsidised LPG will help cut the government’s subsidy bill, which was at Rs 30,000 crore on the fuel last fiscal.
Those who have decided to give up their subsidies have to buy the product at the market price.
The surrendered subsidy is used by the government to provide cooking gas connection to the poor in rural households free of cost
The country has 15.34 crore LPG connections, of which 1 crore have now given up subsidies.
LPG subsidy is transfered to beneficiaries directly in their bank accounts in advance.
“Gas cylinders surrendered by them would be transferred to the poor who use wood for cooking. If one crore people give up their LPG subsidy, one crore poor people will benefit as they will be given new LPG cylinders instead,” he had said.
Consumers can opt out of the subsidy by submitting written request to the distributor or electronically at mylpg.in.

PM Inspires Bankers To Join”Give it Up”Campaign And Voluntarily Surrender LPG Subsidy

[New Delhi,Mumbai]PM,Today,Inspired Bankers To Join Campaign of “Give it Up”And Surrender LPG Subsidy For Nation Building
PM Narendra Modi Was speaking at the 80th annual day of R B I
.PM Said that well off should come forward and voluntarily surrender subsidy on LPG Which would be allotted to poor
PM Informed the gathering that 2 Lakhs Consumers have Voluntarily surrendered LPG Subsidy.
Tata Group chairman Cyrus Mistry has already endorsed PMO INDIA CAMPAIGN of GIVE IT UP
The Minister of State ( I/C) for petroleum and natural gas, Shri Dharmendra Pradhan, today complimented Cyrus Mistry for the initiative by which employees will forego the LPG subsidy component and the amount will be re-deployed towards nation building.