Tax collections from Petroleum sector increased by 36 % when the Covid-19 was at its peak
This reveals that tax collections increased by more than 36.11% during the fiscal year 2019-20 to 2020-21.
Union Minister of State for Petroleum and Natural Gas Rameshwar Teli on Wednesday announced that about 1 lakh people have got employment through the LPG distribution system with the implementation of Pradhan Mantri Ujjwala Yojana (PMUY).
According to an official statement, the LPG coverage has also increased from 61.9 percent to near saturation level in the last five years. “As part of Pradhan Mantri Garib Kalyan Package, more than 14 crores free LPG refills were provided to the PMUY beneficiaries during COVID-19,” said Teli while addressing the post-budget webinar organized to accelerate development and make public welfare schemes effective.
The Secretary of Ministry Petroleum and Natural Gas, Pankaj Jain while addressing the gathering talked about the need to make PMUY a door-to-door scheme.
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“To make the scheme effective, special attention should be given to including self-help groups, creation of LPG Bank to serve as micro-finance for refills, to establish the network of micro distributors, along with leveraging existing social network and institutional knowledge to attract consumers for a refill,” said Jain.
The webinar was attended by representatives from oil marketing companies, distributors, and cylinder manufacturers.
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