Govt slashes LPG prices amid coronavirus lockdown; non-subsidised cylinder to cost Rs 744 in Delhi, Rs 714 in Mumbai
In India, every household is entitled to receive 12 cylinders at subsidized rates each year. If a family has requirement of more than that, they need to buy it at the market rate.
LPG prices may drop in March, last week's steep hike due to global market pressure: Petroleum Minister Dharmendra Pradhan
Last week, cooking gas LPG price hiked by a steep Rs 144.5 per cylinder due to spurt in benchmark global rates of the fuel
Non-subsidised LPG cylinders to be cheaper by Rs 100 from tomorrow; rate revision based on prices in international market
According to Indian Oil Corporation (IOC), non-subsidised liquefied petroleum gas (LPG) gas cylinders will be available for Rs 637 per cylinder.
LPG gets costlier: Subsidised cylinder price hiked by Rs 2.08, non-subsidised rate goes up by Rs 42.50
The hike in LPG has been necessitated due to tax impact on increased market rate of the fuel, IOC said
On 1 December, subsidised LPG price was cut by Rs 6.52 per bottle. That price cut had come after six consecutive monthly hikes in rates since June.
The price of non-subsidised LPG was raised by Rs 16.50 per cylinder in the wake of international crude oil prices surging due to the Iraq crisis.
A steep Rs 5.62 per litre hike notwithstanding, diesel continues to be sold at a discount of Rs 11.05 per litre to its actual cost as international rates continue to rule high.
With the government preparing to raise diesel and LPG prices soon, key UPA ally Trinamool Congress on Thursday said it will oppose any fuel price hike.