Cooking gas LPG prices have been increased again by Rs 25 per cylinder, news agency ANI reported.
The second such hike over a fortnight is bound to have an impact on many households across the country. Price of a subsidized 14.2 kg LPG cylinder will now cost ₹ 884.50 per cylinder in Delhi.
On August 18, the gas companies had hiked the price of LPG cylinders by ₹ 25 per cylinder. Likewise, the price of a 19-kilogram commercial cylinder was increased by ₹ 19 per cylinder and will now cost ₹ 1,693 per cylinder, according to ANI.
Besides that of the 14.2 kg domestic liquefied petroleum gas (LPG) refills supplied to households, the price of commercial LPG cylinders used by tea stalls, roadside eateries, and restaurants as well as industrial units has also gone up.
The amount of the subsidy provided by the government on an annual quota of 12 refills varies from month to month.
The last time the three companies revised LPG prices was on August 17. The quantum of increase then was also ₹25 per 14.2 kg domestic cylinder. The latest increase is the seventh such upward revision this year. The price of a refill has soared by ₹190 for households since January or by ₹290 since December.
Currently, the price of LPG cylinder is the highest in Kolkata at ₹ 911 per cylinder. Followed by Chennai where a 14.2-kilogram cylinder costs ₹ 900.50 and Mumbai will cost 884.50 per 14.2 Kilogram Cylinder.
LPG prices in the country are determined by prevailing crude oil prices in international markets and the rupee-dollar exchange rates.
Image Credit: Wikipedia