Press "Enter" to skip to content

Non-Subsidised LPG Price Hiked Marginally In Metros

Non-Subsidised LPG Price Hiked Marginally In Metros

the government subsidises 12 cylinders of 14.2 kilograms each per household in a year

LPG Cylinder Price: Non-subsidised LPG or liquefied petroleum gas prices were hiked by up to Rs 4.50 per cylinder in metros with effect from Wednesday. This marks a second marginal increase in cooking gas rates follows three consecutive months of reduction. With effect from July 1, the price of non-subsidised LPG was raised by one rupee per cylinder (14.2 kilograms) in Delhi, Rs 4.50 per cylinder in Kolkata, Rs 3.50 per cylinder in Mumbai and Rs 4 per cylinder in Chennai, data from Indian Oil Corporation showed. Indian Oil – the country’s largest fuel retailer – supplies LPG under brand Indane.

Here are the latest rates of Indane non-subsidised LPG in the four metros: 

City Price In Rupees Per 14.2 KG Cylinder
With Effect From June 1 Existing
Delhi 594.00 593.00
Kolkata 620.50 616.00
Mumbai 594.00 590.50
Chennai 610.50 606.50
(Source: iocl.com)

With effect from July 1, Indian Oil consumers in Delhi and Mumbai have to shell out Rs 594 and Rs 594 respectively for each refill of non-subsidised LPG – or cooking gas. In June, they paid Rs 593 and Rs 590.50 per cylinder respectively. 

LPG price today, LPG price alert, LPG Gas Cylinder, LPG Gas, Cooking Gas Price Hike, Cooking Gas Cylinder, LPG price today, LPG rate today, LPG rate, LPG gas, LPG cylinder rate, LPG cylinder price, LPG subsidy, LPG rate, LPG price

(Before the marginal hike on June 1, the LPG prices were lowered in the past three months) 

Currently, the government subsidises 12 cylinders of 14.2 kilograms each per household in a year. The consumer has to make any additional purchases at the market price. The amount of subsidy – provided by the government on the annual quota of 12 refills – varies from month to month and is determined broadly by factors such as crude oil rates and foreign exchange.

Source link

More from BusinessMore posts in Business »
  • Air India Looking To Contain Costs By Cutting Operating Expenses, Debt
  • Hit By COVID-19, Home Sales In Top 8 Cities At Decade-Low In First Half Of 2020
  • Amazon India Demands Product Listings Have Country Of Origin By August 10
  • Infosys Stock Price Today Soars To A Record High After Strong Q1 Earnings
  • Infosys Soars Nearly 10% Post June Quarter Results revenue from operations rose 1.7 per cent

Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *