Liquified Petroleum Gas (LPG) has become expensive. The cost of domestic non-subsidised cooking gas has risen by 25. This was the second consecutive month when oil companies increased the costs of cooking gas. After the current surge, a 14.2 kilogram domestic cylinder would now cost Rs 859.50 a piece in Delhi. In Mumbai, a non-subsidised LPG cylinder will now price Rs 859.50 as well. An Individual has to pay Rs 886.5 for a cylinder in Calcutta, maximum among the four metros. In Chennai, a cooking gas cylinder will charge Rs 875.50. The new LPG cylinder price costs will be actuated from August 17.
The rates of domestic gas cylinders last rose on July 1. A domestic cylinder cost Rs 834 in July. Between January 1 and August 17, the price of cooking gas cylinders has been increased by ₹165 each. On August 1, the prices of the 19-kg commercial LPG cylinders were increased. Thus, the price of LPG domestic cooking gas has remained stable.
LPG cylinders are accessible at a fixed price across the country. The central government, however, furnishes a small subsidy to select users to compensate for the higher price arising from transportation charges. Each household is qualified for 12 cylinders per year under the government-subsidy strategy.
There has been a compatible hike in the active domestic users across India, as per data provided by ministry of petroleum and natural gas. As of July 1, 2021, there are 29.11 crore dynamic domestic LPG users, including the PMUY customers. In 2018-19, the country had 26.54 crore users.
LPG, as well as ATF prices, are changed at the beginning of every month based on the average international price for benchmark fuel and foreign exchange rate in the previous month.
Petrol and diesel rates in the nation are always high. A litre of petrol is being retailed at Rs 101.84 in Delhi. However, the price has remained stable since early July. In Mumbai, the petrol prices remained stable at Rs. 107.83 per litre, maximum among the four metro cities.
Therefore, the diesel rates have been curtailed by 20 paise across the metros after an interval of 31 days on Wednesday. A litre of diesel was curtailed to Rs. 89.67 per litre in Delhi.