LPG Gas Cylinder price hiked by Rs 50 from today!

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Mumbai: LPG Gas Cylinder price hiked by Rs 50 from today! More tension and worries added to common man life in India amid inflation and economic downfall as Domestic liquid petroleum LPG gas cylinders weighing 14.2 kilogram will get more expensive from Wednesday as their prices have been raised by ₹ 50 per unit.

In the Delhi, it will now cost ₹ 1,053 per unit. Besides, in Kolkata, Mumbai, and Chennai, it will be priced at ₹ 1,079, ₹ 1,052.5, and ₹ 1,068.5, respectively, Indian Oil Corporation said.

Previously, the prices for domestic cylinders were revised on May 19, 2022.

This is the eighth straight increase in LPG prices in the past one year and the fourth in 2022. Prices have gone up by 244 per cylinder since June 2021.

Prices have largely risen over the last two years.

Households usually buy non-subsidised cooking gas now, after the government restricted subsidy to only beneficiaries of the Centre’s Ujjwala scheme in 2020. The latest hike in domestic cooking gas prices comes months after finance minister Nirmala Sitharaman had in May stated that Ujjwala scheme beneficiaries will get Rs 200 per cylinder subsidy for 12 times in a year to help ease some of the burden arising from cooking gas rates rising to record levels.

Apart from domestic LPG, the price of 19 kg commercial cylinder has been decreased by Rs 8.50 and it will now cost Rs 2012.50 per cylinder in Delhi, the IOC data showed.

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