SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

LPG sales jumps by 9.8% in 2016-17 on account of PMUY

29 Jun 2017 Evaluate

LPG sales have jumped by 9.8% in fiscal year 2016-17 after the government gave a record number of cooking gas connections, most of them to poor households, under PMUY. Public sector fuel retailers sold 18.9 million tons of packed domestic LPG -- the fuel that is sold to consumers in cylinders. As per a senior oil ministry official, packed LPG growth in 2015-16 was 7.1%.

As many as 111.3 crore cylinders were sold in 2016-17. About 3.32 crore new domestic LPG connections were issued during the fiscal year ended March 31, including two crore under Pradhan Mantri Ujjwala Yojana (PMUY).

India consumed 5.2 per cent more petroleum products like petrol, diesel, LPG and jet fuel, in 2016-17 at 194.2 million tons.


About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×