LPG subsidies cut steeply in FY21, down to nil for many

CHENNAI: Not only have taxes on auto fuels been hiked massively over the past year, direct benefit transfers (DBT) of cooking gas subsidies have been reduced to nil for many domestic LPG subscribers not covered by the PM Ujjwala Yojana scheme.

The result has been a steady increase in daily costs for low-and-middle-income Indian households as global oil and gas prices recovered to, and now climb past, pre-pandemic levels.