Domestic LPG cylinder price hiked by ₹50 from today. Details here



Domestic LPG cylinder price hiked by ₹50 from today. Details here

The price of 14.2 kg Domestic liquefied petroleum gas (LPG) cylinder has been increased by ₹50 with effect from today. With the latest revision, the domestic cylinder will cost ₹999.50/cylinder from today.

Earlier this month, the price of 19 kg commercial LPG cylinder were increased on May 1 by around ₹102 to ₹2,355.5 in Delhi. The price of a 5-kg LPG commercial cylinder was also increased to ₹655.

After the assembly elections held in five states, the prices of petrol, diesel, and LPG are being increased continuously. On March 22, the subsidised domestic LPG cylinder increased by ₹50. Earlier, after 6 October 2021, there was no change in the rate of domestic LPG cylinders.

The prices of domestic cooking gas vary from one state to another due to local taxes. The fuel retailers revise the prices of LPG cylinders at the beginning of every month.

Every household is entitled to 12 cylinders of 14.2 kg each at subsidised rates in a year. Beyond that, customers need to make any additional purchases of LPG cylinders at the market price.

Under PAHAL (Direct Benefit Transfer of LPG) scheme, consumers get LPG cylinders at a subsidised rate. The subsidy depends on several factors such as foreign exchange rates, crude oil prices.

Source By : livemint

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