Price of non-subsidised liquefied petroleum gas (LPG) cylinder was hiked by ₹ 25 per cylinder with effect from August 17, news agency ANI reported. With effect from August 17, price of non-subsidised 14.2 kilogram LPG cylinder will cost ₹ 859.50 in Delhi and Mumbai.
Currently price of LPG cylinder is highest in Kolkata at ₹ 886 per cylinder. Earlier on July 1st, the price of the LPG cylinder was increased by ₹ 25.50.
Currently, the government provides 12 subsidised LPG cylinders of 14.2 kilograms to a household every year. The amount of the subsidy provided by the government on the annual quota of 12 refills varies from month to month. LPG prices in the country are determined by prevailing crude oil prices in international markets and rupee-dollar exchange rate.
The hike in the LPG comes at a time when petrol and diesel rates are at record highs across the country. Petrol prices have already crossed the RS 100 mark in the country.
News Source : India TV