LPG price hike: Cooking gas becomes dearer by Rs 25, to cost Rs 819 in Delhi
Business | March 01, 2021 10:52 ISTLPG price hike: Oil companies have increased the price of cooking gas by Rs 25.
LPG price hike: Oil companies have increased the price of cooking gas by Rs 25.
The price of Liquefied Petroleum Gas (LPG) gas cylinders has been hiked again, and the new rates would be applicable from tomorrow (Monday).
The Indian Oil Corporation has left the price of non-subsidised LPG cylinders unchanged at existing levels on January 1. However, the commercial customers will have to shell out an additional Rs 17 per cylinder.
The price of Liquefied Petroleum Gas (LPG) gas cylinders hiked again. The price of a 14.2 kg LPG cylinder for domestic use increased by Rs 50. Similarly, the price of 5 kg short-cylinder has been increased by Rs 18 and the price of a 19 kg cylinder has been increased by Rs 36.50. In the last 15 days, price of cylinders were hiked twice by Rs 100.
There has been no change in the price of a domestic non-subsidised LPG cylinder of 14.2 kg. According to the website of Indian Oil, a domestic cooking gas in Delhi costs Rs 594
In a written reply to a question in the Rajya Sabha, Pradhan said domestic subsidised LPG in Delhi was priced at Rs 538.95 per cylinder on October 1, 2019, and this month it costs Rs 574.50.
In a novel protest against the "steep" hike in the LPG cylinder prices, the Congress women workers on Friday descended upon the city's busy market area with various utensils and cooked food on earthen ovens using dung cakes and fire woods.
The oil ministry on Thursday justified the steep Rs 144.50 per cylinder hike in cooking gas LPG prices, saying the rates are based on the international market price that had increased over 26 per cent last month. It also said domestic consumers have been largely insulated from the hike by way of the large increase in subsidy.
The Congress on Thursday demanded that the government should rollback the LPG cylinder price hike and wondered if the increase in prices of cooking gas was "revenge" for the saffron party's crushing defeat in the Delhi polls.
LPG cylinder price hiked: LPG cylinder prices sharply hiked and the new rates would be applicable from today. State-run oil marketing companies today hiked the price of non-subsidised liquefied petroleum gas (LPG) cylinders across metro cities.
Petroleum companies have made a marginal increase of Rs 5 in non-subsidized gas cylinders
This subsidy amount varies from month to month depending on the changes in the average international benchmark LPG rate and foreign exchange rate.
The government had previously ordered public sector oil marketing companies to raise domestic cooking gas (LPG) prices by Rs 4 per cylinder every month beginning June 2016 with a view to eliminating subsidies.
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