feature-top

LPG Price Hiked Again: Get Ready to Pay Rs 25 More Per Cylinder

By: Sashwata Saha
18 Aug 2021 8:28:27 PM Newshound India Desk

The price of a Liquefied Petroleum Gas (LPG) domestic cylinder was hiked again by ₹25  per piece on Tuesday, news agency ANI reported.

 

After the latest hike with effect from August 17, the price of a non-subsidised 14.2 kilogram LPG cylinder will cost ₹ 859.50 in Delhi and Mumbai. Currently, the cost of a domestic cylinder is highest in Kolkata at ₹886 per cylinder. Earlier on July 1, the price of the LPG cylinder was increased by ₹ 25.50. 

 

Going by the Delhi rate, LPG cylinder prices were ₹809 on June 1 and rose further to ₹834 on July 1. In other words, between January 1 and August 17, the price of cooking gas cylinders has gone up by ₹165 each.

 

Currently, the government provides 12 subsidised LPG cylinders of 14.2 kilograms to a household every year. The amount of the subsidy provided by the government on the annual quota of 12 refills varies from month to month. Going by the current price list though, there is hardly any difference in the rate of subsidised and non-subsidised cooking gas.

 

LPG prices in the country are determined by prevailing crude oil prices in international markets and the rupee-dollar exchange rates. Cooking gas rates vary in different parts of the country due to local taxes. Usually, the prices of the non-subsidised LPG cylinders are revised every month, and any changes are implemented on the first day of each month.

 

Industry sources told The Hindu that the issue of subsidised LPG price was not raised on August 1, because Parliament was in session and the Centre could have been attacked by the Opposition.

 

Meanwhile, diesel prices were slashed by 19 to 21 paise across the country, going down to ₹89.67 per litre, while petrol prices remained unchanged at ₹101.84 per litre, according to the price notification. This is the first change in prices in over a month.

Post Comments