LPG Cylinder Price Hike: In yet another jolt to the common man, the rate of domestic liquified petroleum gas (LPG) cylinder has been hiked by Rs 25.50 effective from July 1.
The domestic cylinder of 14.2 kg will now cost Rs 834.50 in Delhi while the price of 19 kg cylinder has also been increased by Rs 76 and will cost Rs 1,550 in Delhi.
In Mumbai, the same will cost Rs 835.50 in Kolkata and Rs 825 in Chennai.
Following the latest LPG cylinder price hike, the cooking gas would be available for Rs 834.50 per 14.2 kg cylinder as compared to Rs 809 per 14.2 kg cylinder earlier.
It is pertinent to mention that the LPG prices are revised at the beginning of every month. With the latest hike from July 1, the LPG price now has increased by Rs 140 per cylinder in the last six months.
However, the price remained unchanged in June. Meanwhile, the consumers would have to pay the market price. The government is supposed to give subsidies to domestic consumers covered under the subsidy.
An official at state-run fuel retailers said that a small subsidy was being paid to customers in remote areas to compensate for higher freight charges.