2024 Ahoy! Will electoral freebies throw fiscal deficit into disarray?
A large number of welfare schemes (subsidies) were announced in 2023 in view of elections in heartland states. More may be expected ahead of the 2024 general elections
lpg subsidy
December 2023
October 2023
July 2022
May 2022
Ujjwala Yojana: Govt hikes LPG subsidy to ₹300 from ₹200 earlier
Latest decision comes after govt’s announcement in August, in which it cut cooking gas prices by ₹200 per cylinder
Domestic LPG cylinder price hiked by ₹50
Non-subsidised cooking gas now costs ₹1,053 per 14.2 kg cylinder in Delhi.
Centre announces big cut on fuel excise duty, ₹200 subsidy on LPG cylinder
Fuel excise duty cut will have a revenue implication of ₹1 lakh cr a year. Subsidy on LPG will have a revenue implication of ₹6,100 cr a year.
