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LPG Price Reduced On Subsidized And Non-Subsidized Cylinders

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Prices of 14.2 kg subsidized LPG cylinders for domestic use were reduced by the oil marketing retailers with effect from 1 February. Rates were also reduced for non-subsidized cylinders.

LPG Price Reduced On Subsidized And Non-Subsidized Cylinders
 

If you live in any of the Indian metro cities the changes in prices of 14.2 kg subsidized LPG cylinders are:

City Rates effective from 1 Feb 2019 (Rs) Previous price (Rs) Difference (Rs)
Delhi 493.53 494.99 1.46
Kolkata 496.57 498.09 1.52
Mumbai 491.19 492.66 1.47
Chennai 481.34 482.88 1.54

As for 14.2 kg cylinders at non-subsidized rates:

City Rates effective from 1 Feb 2019 (Rs) Previous price (Rs) Difference (Rs)
Delhi 659 689 30
Kolkata 683 714 31
Mumbai 630 660 30
Chennai 673 704.5 31.5

Every household in India is allowed a maximum of 12 cylinders per year at subsidized rates after which the users have to pay the full price mentioned above. Subsidies are, however, credited directly to the user's bank account and the one has to purchase the cylinder at full price.

In the previous months, there was a steep price cut of as much as Rs 120.50 per cylinder in January and Rs 133 in December on non-subsidized ones. These rates are revised at the start of every month based on international fuel prices and the currency exchange rate. GST (goods and service tax) is further imposed on the market price and the subsidy provided by the government also varies accordingly.

Read more about: lpg
Story first published: Saturday, February 2, 2019, 10:38 [IST]
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