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LPG price hiked 1.93/cylinder
In a move to cut subsidies, state-run oil marketing companies (OMCs) has hiked the price of subsidised LPG by Rs 1.93 per cylinder.
New Delhi: In a move to cut subsidies, state-run oil marketing companies (OMCs) has hiked the price of subsidised LPG by Rs 1.93 per cylinder.
A 14.2 kg subsidised cooking gas cylinder will now cost Rs 423.09 in Delhi as against Rs 421.16 earlier. LPG rates were last hiked by Rs 1.98 on July 1.
The monthly increase in LPG rates is along the lines taken towards the deregulation of diesel in November 2014, which was preceded by raising the fuel rates by 50 paise a litre every month.
In case of kerosene for public distribution, OMCs have been allowed to raise the price by 25 paise a litre each month for 10 months. The second such hike was effective from the midnight of Monday.
Instead, the price of non-subsidised LPG, which consumers buy after exhausting their quota of 12 cylinders, was on Monday cut by Rs 50.50 per 14.2-kg cylinder.
