The Indian government recently announced a price hike of Rs 50 for LPG cylinders, raising the cost for Ujjwala scheme beneficiaries from Rs 500 to Rs 550, and for general users from Rs 803 to Rs 853. Union Petroleum Minister Hardeep Puri explained that the increase is necessary to offset the Rs 43,000 crore losses incurred by oil marketing companies. This move aims to ensure the sustainability of the LPG subsidy program in India. The rise in LPG prices comes as a measure to balance the books and maintain the efficiency of the LPG distribution system. It is part of the government’s efforts to rationalize fuel prices and streamline the subsidy process. The decision to raise LPG cylinder prices has sparked discussions across the country, with many expressing concerns about the impact on households, especially during these challenging economic times. Stay updated for further developments on this issue as the government continues to monitor and manage the energy sector in India.