Commercial LPG Price Cut: The decision to reduce the price of 19-kg cooking gas is seen as a big relief to commoners who are facing the brunt of skyrocketing inflation.
Earlier on April 1, the price of 19-kg commercial LPG was hiked by Rs 250 per cylinder.
From April 1, commercial LPG cylinder becomes more expensive. The price of commercial liquefied petroleum gas (LPG) or cooking gas was increased by Rs 250 per 19-kilogram cylinder from Friday. After the revision, the price of 19-kg cylinder in the national capital stands at Rs 2,253 per unit. In Kolkata, a cylinder will cost Rs 2,351. In Mumbai and Chennai, it will carry a price tag of Rs 2,205 and 2,406, respectively.
In some relief for consumers, 19 kg commercial cylinder will cost Rs 1907 in Delhi from today. While the non-subsidized (14.2 kg) Indane domestic cylinder in Delhi will be available at ₹899.50.
After this hike, the commercial cylinder price in Delhi crossed the ₹2,000 mark
Cooking gas will now cost Rs 899.50 per cylinder in Delhi as well as in Mumbai.
The state-run oil companies decide the price of LPG gas cylinders. The price is affected by international fuels rates.
From today, a domestic gas cylinder will now cost Rs 794 in the national capital. A 14.2 Kg gas cylinder cost Rs 769 in Delhi earlier.
This is the second price hike in the month of February. The oil marketing companies had increased the price of non-subsidised LPG cylinders by Rs 25 in metro cities on February 4.
The Government has also hiked the prices of the commercial cylinder by Rs 184 per unit. The revised rate of cooking gas cylinder will be effective from today i.e February 4 2021.
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 Indian Oil Corporation (IOC) announced that the prices of non-subsidised liquefied petroleum gas (LPG) cylinders across the country will increase by Rs 50. This is the first time in five months that the prices of non-subsidised LPG gas cylinders have seen a spike.
From November 1, customers will be required to furnish a one-time password (OTP) to get their LPG Cylinders home delivered. Delivery Authentication Code (DAC), as a pilot project is already underway in Jaipur in Rajasthan. It will be implemented in 100 smart cities first.
The price of non-subsidized LPG (Liquefied Petroleum Gas) cylinders has been marginally increased with effect from Wednesday.
"For the month of June, 2020, there has been an increase in international prices of LPG. Due to the increase in the prices in the international market, the RSP (retail selling price) of LPG in Delhi market will be increased by ₹11.50 per cylinder," Indian Oil said in a statement.
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.
You may not have noticed it but the price of subsidised cooking gas rose by an average of Rs 10 per cylinder in the July-January period of current fiscal taking the price paid by the common man for fuel closer to market rates.
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