LPG Price Surge : Rate Of The Commercial Gas Cylinder Hiked By Rs. 101.50
LPG Price Surge: Oil Marketing Companies (OMCs) increased the prices of commercial LPG cylinders by ₹100 in various locations throughout the country.
It is to be noted that this marks the second price hike for commercial LPG cylinders in the past two months. The hike will come into effect from November 1.
While the cost of commercial LPG cylinders rose, the price of domestic LPG, which is utilized for cooking in households, remained steady and unchanged.
Following the most recent price adjustment, a 19 kg LPG cylinder is priced at ₹1,833 in Delhi. In other major cities, the cost for the same cylinder is ₹1,943 in Kolkata, ₹1,785 in Mumbai, ₹1,914.50 in Bengaluru, and ₹1,999.50 in Chennai, respectively.
While the prices of commercial LPG cylinders saw an increase, the cost of domestic LPG, primarily used for cooking in households, remained stable.
In Kolkata, it is available for ₹929. In Mumbai, the domestic LPG cylinder costs ₹902.5, and in Chennai, it is being sold for ₹918.5.
In Delhi, a 14.2-kg domestic LPG cylinder is still priced at ₹903.
On October 4, the Union cabinet approved an increase in the cooking gas subsidy, raising it from ₹200 to ₹300 per cylinder for approximately 96 million low-income households. This decision coincided with the approaching assembly elections in five states and the national elections scheduled for the following year.
The government’s move to provide extra subsidies, with a specific focus on rural women, comes shortly after its approval to expand the PM Ujjwala Yojana scheme, targeting an additional 7.5 million women. This expansion is part of a broader effort to increase the total number of beneficiaries to 103.5 million within the next three years.
Earlier on August 29, the Union Cabinet on Tuesday reduced by ₹200 the price of a 14.2 kg LPG cooking gas cylinder as a gift for the women ahead of Raksha Bandhan. The move comes as the Centre faces increasing criticism over rising inflation.
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