LPG Cylinder Prices Hiked Yet again Across India

LPG Cylinder Prices Hiked Yet again Across India

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LPG Cylinder Prices Hiked Yet again Across IndiaLPG

New Delhi, February 12, 2020:

Despite rampant unemployment and and an overall economic malaise across the nation, LPG cylinder prices have been sharply hiked once again in several cities across the country.

The new rates would be applicable from today (Wednesday). State-run oil marketing companies today hiked the price of non-subsidised liquefied petroleum gas (LPG) cylinders across metro cities. This is the first time since January 2020 that the prices will be hiked.

According to media reports, in Delhi, the price rose by Rs 144.50 to Rs 858.50, an increase of ₹144.5 from its last revision on January 1, 2020.

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In Kolkata, the LPG cylinder price is now at Rs 896.00, up by Rs Rs 149. In Mumbai, the price is now Rs 829.50, and it has risen by Rs 145.

In Chennai, on the other hand, the price is at Rs 881.00, which is an increase of Rs 147.

Reportedly, the prices had not increased after January 1, 2020. 11 crore households across India are delivered LPG cylinders at their doorstep, and over 30 lakh cylinders are supplied daily.

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It may be mentioned here that fuel retailers revise the prices of LPG cylinders every month. Fuel retailers sell LPG cylinders at the market price but the government subsidises 12 cylinders each household per year by providing direct subsidy.

In October last year, following the rise in the prices of petrol and diesel, the rate for 14-kg non-subsidised LPG cylinders rose by Rs 15.

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Edited By: Admin
Published On: Feb 12, 2020
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