New Delhi : LPG prices were hiked up to 3.65 per cent this month. The revision marks the fourth consecutive month of increase in LPG prices.
The price of non-subsidised LPG – or cooking gas – in Delhi was increased to Rs. 737.50 per cylinder (14.2 kilograms) with effect from June 1, according to Indian Oil Corporation – which supplies the fuel under brand Indane.
That marked an increase of Rs. 25 per cylinder compared to the LPG cylinder rates in the national capital the previous month, according to data from Indian Oil – the country’s largest fuel retailer. In Mumbai, the non-subsidised LPG price crossed the Rs. 700 per cylinder mark after a gap of five months.
Subsidised LPG cylinder price
In Delhi, the price of subsidised LPG was increased to Rs. 497.37 per cylinder with effect from June 1, as against Rs. 496.14 per cylinder the previous month. In Mumbai, the price of subsidised LPG was hiked to Rs. 495.09 per cylinder from Rs. 493.86 per cylinder, according to Indian Oil.
Non-subsidised LPG price
The price of non-subsidised LPG stood at Rs. 737.50 per cylinder in Delhi, as against Rs. 712.50 per cylinder in May 2019. In Mumbai the non-subsidised LPG rate was hiked to Rs. 709.50 per cylinder in June, from Rs. 684.50 per cylinder the previous month.
Currently, the government subsidises 12 cylinders of 14.2 kilograms each per household in a year. For any additional purchases, the consumer has to bear the market price.
The amount of subsidy varies from month to month depending on the changes in the average international benchmark LPG prices and foreign exchange rates.