Price of LPG cylinder hiked by Rs 25: Here are the revised rates – Times of India

Price of LPG cylinder hiked by Rs 25: Here are the revised rates - Times of India

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NEW DELHI: The price of liquified petroleum gas (LPG) cylinder was hiked yet again by Rs 25 on Wednesday, news agency ANI reported.
This is the second hike undertaken by oil marketing companies (OMCs) within the last one month. On August 17, prices were increased by Rs 25 taking the cost of a 14.2 kg cylinder to rs 859.5 a piece in Delhi.
The price revision comes into effect from September 1 itself.
With the latest revision, price of 14.2 kg non-subsidised LPG cylinder in Delhi now costs Rs 884.5 apiece in Delhi.

Price of 19 kg commercial cylinder has also been hiked by Rs 75, taking up the price to Rs 1,693 apiece in Delhi.
Similarly, price of 14.2 kg cylinder now costs Rs 911 in Kolkata, Rs 884.5 in Mumbai and Rs 900.5 in Chennai.
LPG prices are mostly revised in the beginning of every month. The price of cooking gas has been increased by Rs 190 per cylinder in the last eight months.

Consumers have to pay the market price and the government is supposed to give subsidy to domestic consumers covered under the subsidy.
However, the subsidy was erased in metros and major cities through successive price increases over the past couple of years.
Meanwhile, OMCs reduced the pump price of petrol and diesel after keeping it static for the past seven days.
Petrol and diesel prices were cut by 15 paise per litre to Rs 101.34 and Rs 88.77 a litre respectively in Delhi.
Across the country as well fuel prices were cut between 15-20 paise per litre but their retail rates varied depending on the level of local taxes in each state.
(With inputs from agencies)



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