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Below are Views On Impact of Ujjwala Scheme By Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd   

Ujjwala scheme to be extended along with CGDs to cover 100 more districts.

 As of now Ujjwala Scheme has benefited more than 8 crores households and now the government will be extending to cover 1 crore more beneficiary to total 9 crores households. Government will add 100 more districts in the next 3 years to the City Gas Distribution network, this will be very positive for CGDs companies like MGL, IGL, Gujarat Gas. A gas pipeline project will be taken up in Union Territory of Jammu & Kashmir,

 As of now major gas pipeline projects have been carried in India by Gail India so we expect this will also be done by GAIL India.

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