Government Appoint 10,000 New LPG Distributors

Government Appoint 10,000 New LPG Distributors

Union Petroleum Minister Dharmendra Pradhan today said that Government to Appoint 10,000 New LPG Distributors in FY2017.

“Currently, there are 18,000 gas distributors in the nation as well as in the coming three months, 2,000 new distributors will be made and also by the end of this fiscal year 8,000 more distributors will be made,” Pradhan told press reporters.

He was here to manage the preparations for Prime Minister Narendra Modi’s see on May 1 to launch Ujjwala Yojana.

The eager Rs 8,000 crore plan will certainly supply 5 crore totally free LPG connections to BPL families using the cash saved from 1.13 crore food preparation gas customers willingly quiting their subsidies.

Modi will certainly launch the Pradhan Mantri Ujjwala Yojana here on May 1 as well as do a repeat function at Dahod in Gujarat on May 15.

Pradhan claimed 61 percent households in the country have LPG connections, while in Uttar Pradesh 53 per-cent homes have gas connections.

Besides boosting production in refineries, the government is taking other actions to boost accessibility of LPG for customers, Pradhan claimed.

Government Appoint 10,000 New LPG Distributors

LPG Subsidy Valid for One Year

LPG Subsidy Valid for One Year

LPG Subsidy Valid for One Year and more than one crore consumers that have voluntarily lost hope their cooking gas subsidy have the alternative to change back to subsidized cylinders after a year, oil minister Dharmendra Pradhan has actually stated.

One crore 13 lakh households have given up cooking gas subsidy so far across the nation in feedback to the government call to prosperous citizens to surrender their share of subsidy. India has a total of 20.21 crore cooking gas consumers.

A massive media project by the government as well as an oil collapse that has dispirited cooking gas rates as well as pressed subsidy have aided consumer decision to dispose subsidy. The subsidy, which differs from state to state, is almost Rs 90 on a 14.2 kg cooking gas cylinder in Delhi today, a reflection of the two-thirds drop in oil prices in 2 years.

LPG Subsidy surrender valid for only one year: Oil Minister Dharmendra Pradhan

But if the oil rates, presently around $45 per barrel, were to climb up back to the mighty elevations seen a few years ago, purchasing a non-subsidised cylinder may begin hurting consumers as asset spike is commonly come with by a general inflation in the economy.

Pradhan said consumers who have actually surrendered subsidy can again ask for it as the voluntary surrender by them is valid only for a year. This suggests if a customer changes his mind and also desires his cooking gas subsidy back, he can do so after a year of giving up. Yet if a customer does not make any such demand, the government will presume that he doesn’t require subsidy even the next year.

Virtually fifty percent of those that surrendered cooking gas subsidy came from Maharshtra, Uttar Pradesh, Delhi, Karnataka and Tamil Nadu.

The government’s plan to introduce direct cash transfer for kerosene consumers has actually been postponed as states have actually looked for more time for the roll-out, Pradhan stated. The plan to transfer cash in the checking account of kerosene consumers, as has actually been done for cooking gas consumers, was slated to begin from April 1. Yet complication in sorting the customer database is postponing the project.

LPG Subsidy Valid for One Year

PM Launch Scheme For LPG Connection

PM Launch Scheme For LPG Connection on May 1 will certainly launch Rs. 8,000 crore scheme to offer 5 crore cost-free LPG connections to Below Poverty Line (BPL) households making use of the money saved from 1.13 crore cooking gas customers willingly giving up their subsidies.

The scheme is called Pradhan Mantri Ujjwala Yojana as well as Mr. Modi will be releasing it on May 1 at Ballia in Uttar Pradesh as well as Dahod in Gujarat on May 15.

The ‘Give-it-Up‘ campaign looking for the well-heeled to voluntarily give up cooking gas subsidies for one year was introduced in January, 2015.

“Since the launch, 1.13 crore people have given-up LPG aids and also are acquiring cooking gas at market price,” Oil Minister Dharmendra Pradhan informed reporters below.

Maharashtra tops the list with 16.44 lakh consumers giving up aids, then Uttar Pradesh where almost 13 lakh users gave up subsidies, followed by Delhi with 7.26 lakh people quiting aids. Prime Minister’s home state Gujarat was means down the listing with merely 4.2 lakh losing hope aids. In Odisha around 1.3 lakh individuals gave up subsidies.

“Five states of Maharashtra, Uttar Pradesh, Delhi, Karnataka and also Tamil Nadu make up about half of individuals that have actually surrendered LPG subsidies,” Mr. Pradhan said.

PM to launch scheme for free LPG connections to poor

Consumers are presently entitled to 12 cyndrical tubes of 14.2 kg each or 34 containers of 5 kg each in a year at subsidised prices. A subsidised 14.2 kg cylinder is presently available at Rs. 419.13 per container in Delhi while the 5 kg pack costs Rs. 155.

Market-priced LPG is offered at Rs. 509.50 per 14.2 kg cylinder. Quiting subsidised LPG will certainly assist reduce the federal government’s subsidy expense, which was at Rs. 30,000 crore on the fuel last financial.

Virtually Rs. 5,000 crore of subsidies saved with the project is being used to offer LPG Gas Connection to the bad.

“We have launched 60 lakh new connections to inadequate in the last one year,” he said.

Modi, Pradhan said, will certainly on May 1 launch the Pradhan Mantri Ujjwala Yojana for providing offering free LPG connections to females from BPL families.

“Under the scheme, Rs. 8,000 crore has actually been allocated for giving 5 crore LPG connections to BPL homes,” he claimed, including that in the initial year 1.5 crore connections will be provided.

The scheme provides a financial backing of Rs. 1,600 for each and every LPG connection to the BPL homes. The identification of eligible BPL family members will be made in appointment with the State Governments as well as the Union Territories, he claimed.

Mr. Pradhan stated the nation presently has 16.64 crore energetic LPG consumers.

Of the 21 million tone LPG requirement, virtually 40 percent is imported as well as this will increase as need surges by double figure with brand-new connections.

“We anticipate import proportion will certainly rise to 50-55 percent,” he claimed.

Those that have actually made a decision to surrender their aids need to buy the item at the market price.

The surrendered subsidy is made use of by the government to give cooking gas connection to the bad in rural houses free of cost, the authorities said.

LPG subsidy is moved to beneficiaries straight in their savings account beforehand.

Consumers could opt out of the subsidy by sending written demand to the supplier or digitally at mylpg.in.

Mr. Pradhan said with LPG coverage being mainly in the urban and also semi-urban areas, there is serious carcinogen connected with cooking based on nonrenewable fuel sources.

According to WHO estimates regarding 5 lakh deaths in India alone due to unclean cooking gases? Experts claim having an open fire in the cooking area is like melting 400 cigarettes a hr.

“Providing LPG connections to BPL families will certainly guarantee global protection of cooking gas in the nation. This step will certainly equip females and secure their health. It will minimize grind and also the time invested in cooking. It will additionally give employment for rural youth in the supply chain of cooking gas,” he claimed.

Finance Minister Arun Jaitley had in his Budget for 2016-17 provided Rs 2000 crore to give down payment cost-free LPG connections to 1.5 crore ladies coming from the Below Poverty Line (BPL) families.

Further, the Budget introduced that the Scheme will be continued for 2 more years to cover 5 crore households.

PM Launch Scheme For LPG Connection

Free Insurance on Bharat Gas LPG Cylinder

Free Insurance on Bharat Gas LPG Cylinder

You can buy various insurance covers to protect against various threats. But are you familiar with the free insurance covers that you get with your Bharat Gas LPG cylinder or an air ticket that you get? Below are several of the insurance covers that you get completely free.

Insurance cover for Bharat Gas LPG customers

All registered Bharat Gas or piped food preparation gas consumers are covered for any kind of incident caused due to Bharat Gas Cylinder at their registered address. The expense of insurance is birthed by oil advertising and marketing companies. According to the internet site of Bharat gas, the distributor of  Bharat Petroleum, an individual mishap cover of Rs 5 lakh each in case of fatality is supplied. In case of an accident, medical expenditures of Rs 15 lakh each occasion, with an optimum of Rs 1 lakh each are covered.The plan also covers the harm caused to the registered facilities of customers for an optimum amount of Rs 1 lakh per occasion. Piped gas consumers are also guaranteed under this policy.

Insurance with financial institution down payments

Your cash transferred in a savings account  both principal as well as interest  is guaranteed approximately Rs 1 lakh for any sort of default by the financial institution. It covers all deposits such as cost savings, repaired and repeating.Nevertheless, for case function, all the down payments made under these accounts will be added and an optimum of Rs 1 lakh cover will certainly be given to each depositor. Even if you have transferred in different branch of the exact same bank, you will certainly obtain a maximum cover of Rs 1 lakh. However, banks accounts with various financial institutions are guaranteed individually with a maximum cover of Rs 1 lakh each. Click On The Link To See Bharat Gas LPG prices 2016

Corporate Down payment Insurance

According to the brand-new firms Act, any company raising money by means of down payments will certainly need to provide an insurance cover of up to Rs 20,000 to every financier versus default of payment.Both the principal and also interest earned on a company down payment are guaranteed under this cover. “But currently there is no product available in the marketplace which gives industrial deposit insurance. There are no policies from  Bharat Gas  LPG Insurance Cover Regulatory authority and Development Authority of India (IRDA) which enable insurance companies to supply insurance products for company deposit,” says Sanjay Datta, primary underwriting and claims, ICICI Lombard General Insurance Company.

Luggage insurance with air ticket

In case of residential travel, airlines provide an insurance cover of Rs 20 lakh each person in case of fatality and body injury while Rs 20,000 in case of loss of baggage.

Free Insurance on Bharat Gas LPG Cylinder

Government mulling to relax rules for obtaining Bharat Gas distributorship?

Government mulling to relax rules for obtaining Bharat Gas distributorship?

New Delhi: The ruling government is mulling over a strategy to disperse 10 crore dissolved Bharat petroleum gas links in the next 3 years. According to media files, it is preparing to reduce standards for distribution of links. It will profit individuals in the towns and towns one of the most. The government prepares to add to the list concerning 10,000 brand-new Bharat Gas Distributors. Currently, there are almost around 17,000 Bharat Gas Distributors in the nation.

Exactly what’s the Proposition?

Oil Ministry is intending to distribute 10 crore Bharat Gas New Connection in the following 3 years. From which 5 crore clients come from below poverty line (BPL) and also other 5 core to Above Poverty Line (APL) category. The government’s target that regarding 26 crore family members have Bharat Gas link in next 3 years.

According to media credit reports, relaxation may be presented in the instructional credentials, warranty quantity and possession of continent. If adjustments make it through, ownership of land might not be compulsory guideline for requesting a Bharat Gas Distributors in tiny cities and villages, versus the present situation.

In a similar way, assurance amount limitation will certainly additionally be decreased. Currently, under basic category, depending upon area concerning Rs 10 lakh to Rs 15 lakh of guarnatee quantity is required for making an application for management. Under Set up Caste and also Schedule Tribe category, Rs 2.5 lakh to Rs 5 lakh is needed.

According to media sources, many suppliers will certainly be from tiny cities and rural areas. The government is intending to supply Bharat Gas connection to all families in the next 3 years.

2. Cooking gas LPG down Rs 4 each cylindrical tube

New Delhi: Aeronautics Generator Fuel (ATF), or jet fuel, cost was on Friday tr eked by 8.7 % but that of non-subsidised food preparation Bharat Gas was cut by Rs 4 each cylinder on international patterns.

ATF cost in Delhi was raised by Rs 3,371.55 per kilo litre (kl), or 8.69 %, to Rs 42,157.01 per kl, oil business stated on Friday.The trek begins the back of a low 1.3 % or Rs 515.85 cut in rates on March 10. Prior to that, prices were hiked by steep 12 %, or Rs 4,174.49, on March 1, virtually neutralising a Rs 4,765.5 cut on February 1.

The March 1 trek damaged the pattern of 3 successive month-to-month price reductions.Prices differ at different flight terminals due to differential local sales tax or value-added tax (VAT). Jet fuel constitutes over 40 % of an airline’s operating cost as well as the rate rise will certainly add to the economic problem on cash-strapped carriers. No immediate comment was offered from airline companies on the influence of the cost boost on guest fares.

All at once, the oil companies cut prices of non-subsidised Bharat Gas, which consumers get after tiring their allocation of 12, by Rs 4 per 14.2-kg bottle.

Non-subsidised food preparation gas now costs Rs 509.50 in Delhi as versus Rs 513.50 formerly. This is the third reduction in rates in a row. Rates were last cut by Rs 61.50 on March 1. Prices were minimized by Rs 82.5 each 14.2-kg bottle on February 1.

Subsidised Bharat Gas prices Rs 419.33 per 14.2-kg cylinder in Delhi

The 3 gas merchants :- Indian Oil Corporation, Hindustan Oil and Bharat Petroleum – change jet fuel and also non-subsidised LPG prices on the very first day of every month, based on the average international cost in the coming before month.

The ATF rate cut on March 10 was on account of change in taxation.

3. Pradhan Mantri Ujwala Yojana: Closet approves Rs 8,000-crore Bharat Gas scheme for country women.

New Delhi: The Cabinetry on Thursday has authorized a Rs 8,000-crore plan to provide Bharat Gas connections free-of-cost to women participants of poor homes.

The Cabinet, headed by Head of state Narendra Modi, has authorized Pradhan Mantri Ujwala Yojana with an expense of Rs 8,000 crore for three years, Oil Priest Dharmendra Pradhan told PTI.

The plan intends to give on a war ground Bharat Gas Links to ladies participants of below poverty line (BPL) family members.Financing Priest Arun Jaitley, in his Spending plan 2016, had actually introduced the plan, claiming the poor do not have access to cooking gas.

“Ladies of India have encountered menstruation of smoke throughout the process of food preparation. According to experts, having an open fire in the kitchen resembles melting 400 cigarettes a hr. The time has come to treat this situation,” Jaitley had actually claimed in his Budget 2016 speech.He had actually specified that the government has actually chosen to start a huge objective to give Bharat Gas Links in names of females members of inadequate families. “I have alloted an amount of Rs 2,000 crore in this year’s Spending plan to meet the initial cost of supplying these Bharat Gas links. This will certainly profit concerning one crore 50 lakh houses here the poverty line in 2016-17,” he had stated.

“The plan will be continued for at the very least two more years to cover a total amount of five crore BPL houses. This will certainly make certain global coverage of cooking gas in the nation.” The move is aimed at encouraging women and securing their health, Pradhan worried.

Government mulling to relax rules for obtaining Bharat Gas distributorship?