The government has increased the price of cooking gas cylinder after hiking the cost of petrol and diesel in the country.
On Monday, February 15, the price of cooking gas cylinders has been increased by Rs 50 in Delhi. The change is going to be applicable from midnight. One cooking gas cylinder of 14.2 kilograms will now cost Rs 769 in Delhi.
Earlier, the rate of LPG cylinders was increased by Rs 25 on February 4 by the oil marketing companies. This is the second price hike in the month of February 2021.
In West Bengal’s Kolkata, Cooking gas cylinders can be purchased for Rs 745.50. In Bengaluru, a 14.2 kgs cooking gas cylinder costs Rs 722.
The prices of cooking gas is revised on a monthly basis by the state-run oil companies. On February 4, the prices had already been revised for the month of February, however, in Delhi, it has now happened twice.
The price of the cooking gas can also fluctuate if there is a fluctuation internationally in the rate of fuel or in the US dollar-rupee exchange rates. There has been a consistent increase in the price of cooking gas. The government subsidizes 12 cylinders of 14.2 kg for each gas connection in a year.
The fuel prices are also increasing at a rapid speed. According to the reports, on February 15, one litre petrol costs Rs 88.99 in Delhi while the same quantity of diesel can be bought for Rs 79.35. In Mumbai, the fuel prices are much higher. A litre of petrol costs Rs 95.46 in the city and diesel can be bought for Rs 83.64.