Finance
The price of a non-subsidized liquefied petroleum gas (LPG) cylinder in India has been raised by Rs 50 by the country’s major oil marketing companies (OMCs) today.
Following this increase, the price of a non-subsidised 14.2 kg LPG cylinder in Delhi has risen to Rs 1,053.00, according to data on the Indian Oil Corporation’s website.
According to the data, the non-subsidised LPG cylinder price in Kolkata is Rs 1079.00, Rs 1052.50 in Mumbai, and Rs 1068.50 in Chennai.
Domestic LPG prices were last revised on May 19, when they were raised by Rs 3.50 per cylinder. OMCs generally revise LPG cylinder prices on the first and fifteenth of each month.
OMCs sell 14.2 kg cylinders to domestic households at market prices, but the government provides subsidies for 12 such cylinders to Pradhan Mantri Ujjwala Yojana beneficiaries each year via direct benefit transfer to their bank accounts.
Apart from domestic LPG, the price of a 19 kg commercial cylinder has been reduced by Rs 8.50, making it Rs 2012.50 per cylinder in Delhi, according to IOC data.
Source:IE
