India added a record 40.7 million new liquefied petroleum gas (LPG) connections in the current 2018-19 fiscal year (FY19), a jump of over 45 per cent from FY18, reports Business Standard (BS).
As per the target set by India’s three oil petroleum marketing companies - Indian Oil Corporation (IOC), Bharat Petroleum Corporation, and Hindustan Petroleum Corporation (HPCL) — 42.5 million new LPG customers will be added by 31 March 2019.
It should be noted that the government has already surpassed its new LPG connection for the current financial year. Against the target of 2 crore new connections, 2.67 connections have already been added as of 28 January 2019.
This strong performance can be attributed to persistent efforts of the current NDA government led by Prime Minister Narendra Modi to provide energy access to all households in the country.
Over 6.23 Crore New Connections
The Government launched the Pradhan Mantri Ujjwala Yojana (PMUY) on 1 May 2016 to provide free LPG gas connections to the poor. As on 28 January, oil marketing companies (OMCs) have released more than 6.23 crore LPG connections under the Scheme across the country.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.