The Oil Marketing Corporation (OMC) on Tuesday released the price of liquefied petroleum gas (LPG) cylinders, hours before Finance Minister Nirmala Sitharaman presented the 2022 Union Budget.
The center continues to waive prices in light of upcoming parliamentary elections in five states. The same is true when international crude oil prices soar.
Non-subsidized (14.2kg) indane domestic cylinders were priced at Rs 899.50 in Delhi on February 1. Meanwhile, the people of Kolkata will get a 14.2kg domestic LPG cylinder for Rs 926. In Mumbai, the price of non-subsidized LPG cylinders will be the same as in Delhi, while in Chennai it will be Rs 915.50.
Prices for non-subsidized household LPG cylinders have not changed since October. Gasoline and diesel prices have also remained stable since November.
Parliamentary elections are being held in five states including Uttar Pradesh, Punjab and Uttarakhand. Voting will be held from February 10 to March 7, and results will be announced on March 10.
In this case, there is little chance that the price of domestic LPG cylinders will rise. Rates for commercial cylinders may vary.
OMC has reduced the commercial price of commercial 19kg LPG cylinders by Rs 91.50 with immediate effect, news agency ANI reported. As further reported by ANI, the commercial cylinder is now priced at Rs 1,907 in Delhi.
On the first day of the new year, OMC slashed the price of a 19kg commercial LPG cylinder by Rs 102.50, but it was still above Rs 2,000.
On December 1, the price of a 19kg LPG cylinder rose by Rs 100, bringing the price of commercial cylinders in Delhi to Rs 2,101. This is the second-highest price for a 19kg commercial cylinder after 2012-13, when the price per bottle was around Rs 2,200.
Complete News Source : Hindustan Times
