Non-Subsidised LPG Price Cut By Up To Rs 65 Per Cylinder In Metros

Currently, the government subsidises 12 cylinders of 14.2 kilograms each per household in a year. The consumer has to make any additional purchases at the market price.
Non-subsidised LPG or liquefied petroleum gas prices were reduced by up to 65 per cylinder in metros on Wednesday. That marked a second consecutive month of cut in the cooking gas rates. With effect from April 1, the price of non-subsidised LPG was decreased by Rs 61.5 per cylinder (14.2 kilograms) and Rs 62 per cylinder in Delhi and Mumbai respectively, data from Indian Oil Corporation showed. Indian Oil – the country’s largest fuel retailer – supplies LPG under brand Indane.
With effect from April 1, Indian Oil consumers in Delhi and Mumbai have to shell out Rs 744 and Rs 714.50 respectively for each refill of non-subsidised LPG – or cooking gas. Until now, they were paying Rs 805.50 and Rs 776.50 per cylinder respectively.

Currently, the government subsidises 12 cylinders of 14.2 kilograms each per household in a year. The consumer has to make any additional purchases at the market price. The amount of subsidy – provided by the government on the annual quota of 12 refills varies from month to month – is determined broadly by factors such as the rates of crude oil and foreign exchange (rupee vs dollar).

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