How is India Overcoming Geopolitical Challenges to Provide Affordable Energy?
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Synopsis
<b>In a recent announcement, Union Minister Hardeep Singh Puri revealed India's effective strategies in managing fuel prices and expanding LPG coverage, ensuring that citizens have access to affordable and reliable energy. Discover how the government is navigating complex geopolitical landscapes to achieve these goals.</b>
Key Takeaways
- Government initiatives have stabilized fuel prices.
- LPG coverage has dramatically increased nationwide.
- PMUY has made LPG accessible to millions.
- The government is absorbing losses to maintain affordability.
- India's energy infrastructure is continuously improving.
New Delhi, May 23 (NationPress) The Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, highlighted the government’s proactive strategies on Friday aimed at stabilizing fuel prices, expanding LPG accessibility, and enhancing refining and distribution capabilities nationwide.
During a meeting in Manesar, Haryana, the minister elaborated on how, under the visionary guidance of Prime Minister Narendra Modi, India has adeptly dealt with geopolitical challenges to ensure the energy needs of its citizens are met affordably and reliably.
Significantly, the government implemented two reductions in excise duties—on November 4, 2021, and May 22, 2022—resulting in a decrease of petrol prices by Rs 13 per litre and diesel by Rs 16 per litre.
A recent price hike in April 2025 was absorbed by Oil Marketing Companies, safeguarding consumers from increased financial strain.
The minister also shed light on LPG reforms, emphasizing the profound impact of the Pradhan Mantri Ujjwala Yojana (PMUY).
Since its launch, LPG coverage has escalated from 55 percent in 2014 to nearly universal access today.
LPG consumption has surged, with daily deliveries surpassing 56 lakh cylinders. Currently, over 25,000 LPG distributors operate throughout the country, with 86 percent in rural areas, ensuring extensive last-mile connectivity.
Hardeep Puri noted that LPG prices in India are among the lowest in the world.
Despite a significant 58 percent rise in international LPG prices, PMUY consumers are currently charged only Rs 553 for a 14.2 kg cylinder.
Oil companies incurred a loss of Rs 40,000 crore last year to maintain affordable LPG prices. A cylinder that costs approximately Rs 1,058 is provided to PMUY beneficiaries for just Rs 553.
For regular consumers, the price stands at Rs 853. The daily cooking expense now averages around Rs 6.8 for PMUY households and Rs 14.7 for non-PMUY users.
India boasts over 24,000 km of product pipelines, 314 oil terminals/depots, and nearly 96,000 retail outlets. These advancements, coupled with strategic reserves and LPG caverns, have strengthened the nation's energy resilience.
Point of View
It is crucial to recognize the government's commitment to ensuring energy affordability amidst global challenges. The proactive measures taken reflect a strong dedication to the welfare of citizens, demonstrating India's resilience in the face of geopolitical adversities.
NationPress
08/06/2025
Frequently Asked Questions
What measures has the Indian government taken to ensure affordable energy?
The Indian government has reduced excise duties on fuel, expanded LPG coverage through the Pradhan Mantri Ujjwala Yojana, and absorbed price hikes to protect consumers.
How has LPG accessibility changed in India?
LPG coverage has increased from 55% in 2014 to nearly universal access today, significantly improving energy availability.
What is the current price of LPG for PMUY beneficiaries?
PMUY beneficiaries pay only Rs 553 for a 14.2 kg LPG cylinder despite a steep rise in international prices.
How many LPG distributors are there in India?
There are over 25,000 LPG distributors in India, with 86% located in rural areas.
What has been the impact of international price increases on Indian consumers?
Despite a 58% increase in international LPG prices, the government has taken steps to keep domestic prices low, absorbing costs to avoid burdening consumers.
