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The central government, which is preparing for general elections, can give a big relief to the public in the price of domestic LPG cylinders. Sources say that the price of LPG cylinder may come down by Rs 200. The government will provide this relief in the form of subsidy on cylinders. In the past also there were reports citing sources that the government may increase the amount of PM Kisan Samman Nidhi Yojana and the price of LPG cylinders may come down. In fact, the government wants to take a decision to give subsidy already so that it can benefit from the elections in Rajasthan, Madhya Pradesh and Chhattisgarh. Assembly elections are going to be held in these three states by November this year. Apart from this, elections are also to be held in Telangana this year.
PM Narendra Modi In his August 15 speech, he also talked about taking measures to provide relief from inflation. After which this decision is seen in the same episode. This has been decided by the central government and can be announced anytime. It is believed that through this the government will be able to cut a stake of the opposition that is besieging it on the inflation front. In the Karnataka assembly elections, the Congress raised the issue of the price of cylinders and its effect was also seen. In such Lok Sabha Elections And before that, keeping in mind the assembly elections of many states, the government has made preparations to provide major relief from inflation.
PM Modi announced relief from inflation from Red Fort
Prime Minister Modi said in his speech from the Red Fort that, in the last one year, we have tried our best to control inflation. But we are not going to stop there. My efforts will continue. Regarding measures to stop inflation, PM Modi said that our condition is better than the world, we cannot be satisfied with this. We have to take some more steps to provide inflation relief to the countrymen and we will continue to do so. The Prime Minister made this promise at a time when the retail inflation rate reached 7.44 percent in July. Apart from this, the Reserve Bank has also decided to increase the inflation forecast for the financial year 2024 to 5.4 percent.
PM mentioned Corona and Ukraine war
Referring to the world, he said, ‘The world is still trying to fully recover from the effects of the corona epidemic. Meanwhile, the war has created another problem. The whole world is facing inflation crisis. Our situation is a little better, but we cannot be satisfied with that. We have to take some more steps to give relief to the public from inflation and I will not stop here. Will try for this. Ever since his speech from the Red Fort, some decisions along with inflation relief were expected.