Customers will have to shell out more money for cooking gas as oil companies once again decided to increase the prices of LPG cylinders on Tuesday.
This hike came within two weeks, so nutshell the price of LPG cylinder has been hiked by Rs 100.
It has now become expensive for the common people to cook food in the kitchen and the domestic budget will also be affected.
On Tuesday, oil companies hiked the price of LPG by Rs 50. This is the second increase in a fortnight.
As per the new pricing, people who will be booking cylinders from today will have to pay 100 rupees more. This hike has been done on non-subsidized 14.2 kg domestic and 19 kg commercial cylinders.
Earlier, on December 3, there was an increase of 50 rupees. New prices are applicable from Tuesday.
After this hike, the price of 14.2 kg LPG gas cylinder without subsidy in Delhi has increased to Rs 694.
Earlier it was priced at Rs 644 per cylinder. This is the second increase in the price of gas cylinders in 15 days.
At the same time, the new price of this cylinder has been increased to Rs 720.50 in Kolkata, Rs 694 in Mumbai and Rs 710 in Chennai.
The price of 19 kg commercial gas cylinder has also increased. It will now cost Rs 36 more.
The rate of this cylinder in the national capital Delhi is Rs 1332. It has increased to Rs 1,387.5 in Kolkata, Rs 1280 in Mumbai and Rs 1446.5 in Chennai.
On December 3, the rate of 14.2 kg non-subsidized LPG cylinder in Delhi was hiked to Rs 644, which was earlier Rs 594.
In Kolkata too, its rate had increased to Rs 670.50, which used to be Rs 620.50 earlier.
In Mumbai, the price of non-subsidized LPG cylinder was increased from Rs 594 to Rs 644. I
In Chennai, the price of non-subsidized LPG cylinder had increased from Rs 610 to Rs 660.
The price of commercial cylinders was also increased by up to Rs 56.
It Should be noted BJP led Modi government stopped providing subsidy on domestic cooking gas since September 2020 as the global fall in oil prices and frequent rise in LPG gas cylinder price has brought the price of the common man’s fuel closer to market rates.
As of September 1, the price of non-subsidised and subsidised 14.2 kg cooking gas is identical at Rs 594 a cylinder.
What this means is that government would no longer need to pay subsidy under the direct benefit transfer scheme (DBT) into the account of beneficiaries.
But with this steep price hike subsidy amount to be be credited to the bank account in time is the general public wish .