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OMCs to get ₹30K-cr to cover losses
August 09, 2025
|Financial Express Ahmedabad
₹300 Ujjwala subsidy extended to FY26, to cost ₹12,000 crore
The Union Cabinet on Friday approved ₹30,000 crore budgetary support to state-run oil marketing companies to cover their under-recoveries on the sale of liquified petroleum gas (LPG).
In addition, the Cabinet also approved the targeted subsidy of ₹300 per 14.2 kg cylinder for up to 9 refills per year to the beneficiaries of Pradhan Mantri Ujjwala Yojana (PMUY) during FY26 at an expenditure of ₹12,000 crore.
The scheme launched in May 2016 aims to provide a deposit-free LPG connection to adult women from poor households across the country. As on July 1, there are about 103.3 million PMUY connections across the country.
As per the existing modalities of Ujjwala 2.0, the first refill and stove are also provided free of cost to all beneficiaries. PMUY beneficiaries are not required to make any payments for the LPG connection or the first refill or stove as the cost for these is borne by the government or OMCs.
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Financial Express Ahmedabad
RBI mulling more relief for tariff-hit exporters
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Sensex slumps 1,600 pts in 4 days on trade jitters
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Amagi Media Labs fixes ₹343-361 price band for IPO
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Large-caps will offer attractive risk-reward this year
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Alphabet pips Apple, No. 2 in m-cap
AFTER THE Al BOOM
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Zepto free delivery limit at ₹149 now
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Low prices reason behind fall in agri GVA growth
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Jewellery stocks decline despite robust Q3 updates
SHARES OF JEWELLERY companies, including Senco Gold, PC Jeweller, Kalyan Jewellers, PN Gadgil, TBZ and Titan, fell on Thursday, a day after staging a sharp rally on the back of strong Decemberquarter (Q3) updates.
1 min
January 09, 2026
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