Prices of Liquefied Petroleum Gas (LPG) cylinders have been increased once again, with effect from today (September 1). Cooking gas cylinders have now become costlier by Rs. 25. You can check the new rates for your city here. #LPGPriceHike
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The revised rates are as follows:
Delhi: Rs. 884.50.
Mumbai: Rs. 884.50.
Chennai: Rs. 900.50.
Kolkata: Rs. 911 (the highest of all metro cities).
With the latest hike, LPG prices have increased by as much as Rs. 190 this year.
In February, the prices were hiked thrice - by Rs. 25, Rs. 50, and then again Rs. 25. The next month, there was another hike of Rs. 25. Thereafter, a price cut of Rs. 10 was announced as international oil prices dropped. The prices remained unchanged in June.
Indian govt provides a subsidy on 12 domestic cylinders per eligible household yearly. The amount of that subsidy varies per month, depending on factors like forex rates and crude oil prices. However, in metros, the subsidy has been effectively eliminated over the past few years.
Meanwhile, the price of a 19-kg commercial cylinder has been increased by Rs. 75. The rise in LPG prices has come at a time when people are already burdened by record auto fuel prices. Petrol price has crossed the Rs. 100 mark in several parts of India.
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