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LPG Price Cut: Ujjwala Consumers Get More Subsidy Benefits, No Loss To OMCs

Given the headroom enjoyed by OMCs on LPG, at present, estimating the cost impact of the price cut would be difficult.

Centre, and not OMCs, to bear the impact of LPG price cut, assures Puri

Puri also highlighted the sturdy performance of the OMCs in the first quarter of fiscal 2023, and anticipates it to continue into the second quarter as well, which, in turn, is insulating the economy and consumers from macroeconomic shocks

LPG price cut: Sops only for Ujjwala consumers, no damages to OMCs

The Central government has stated it will provide 75 lakh new gas connections free of cost, in order to clear applications linked to the Pradhan Mantri Ujjwala Yojana (PMUY), taking the total count of PMUY beneficiaries to 10.35 crore

Centre, and not OMCs, to bear the impact of LPG price cut, says Puri

Puri also highlighted the sturdy performance of the OMCs in the first quarter of fiscal 2023, and anticipates it to continue into the second quarter as well, which, in turn, is insulating the economy and consumers from macroeconomic shocks

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