LPG Prices Down By Rs 100 in 5 Months, Claims Govt

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    After several reports of the alleged rise in LPG (Liquefied Petroleum Gas) in the past few months were made, the Ministry of Petroleum and Natural Gas has stated that there was, in fact, a fall of almost Rs 100.

    LPG Prices Down By Rs 100 in 5 Months, Claims Govt

    In a statement, the ministry has clarified that the non-subsidized retail selling price of LPG in Delhi was down by Rs 96.50 from Rs 747 in December 2017 to Rs 650.50 in May 2018.

    In further said that the prices of subsidized LPG, which affects most households, also experienced a downward trend. It was down from Rs 495.69 in the month of December 2017 to Rs 491.21 in May 2018.

    Every household in India is entitled to a total of 12 LPG cylinders a year at a subsidized rate. This roughly comes to one LPG cylinder per month. Requirements beyond this limit will be sold at non-subsidized rates, which is same as the market prices.

    Read more about: lpg petroleum
    Story first published: Wednesday, May 9, 2018, 14:10 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
    India's LARGEST EVER political poll. Have you participated yet?

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more