Subsidised LPG Price Cut by Rs 6.5
The price of domestic Cooking gas (LPG) was cut by Rs 6.52 per cylinder as a result of the tax impact on the reduced market rate for the fuel. After the price cut, the LPG cylinder will now cost Rs 500.90 in New Delhi. The revised rate will be effective from midnight. Currently, the price of LPG cylinder in the national capital is Rs 507.42.
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The non-subsidized or market priced LPG rates were cut by Rs 133 per cylinder. The cylinder will not cost Rs. 809.50 per in the national capital.
For six months there were consecutively monthly hikes in rates. After continuous price hike, the rates had gone up by Rs 14.13 per cylinder since then. Subsidized LPG price was last hiked by Rs 2.94 on November 1.