How does the Indian government plan to reduce the cost of LPG cylinders and by how much

Explore the announcement made by PM Modi regarding the reduction in the cost of LPG cylinders.
1. Indian government plans to reduce the cost of LPG cylinders by providing subsidies to beneficiaries through Direct Benefit Transfer (DBT) scheme. 2. Prime Minister Modi announced that the government would provide financial assistance of Rs 44,000 crore annually for LPG subsidy. 3. This initiative aims to ensure that the benefits of the reduction in global oil prices are passed on to consumers. 4. The reduction in LPG cylinder cost will ease the financial burden on households and promote the usage of clean cooking fuel. 5. The announcement reflects the government's commitment to making LPG cylinders more affordable for the common people and improving access to clean energy sources.
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