{"id":136001,"date":"2021-08-18T09:35:15","date_gmt":"2021-08-18T09:35:15","guid":{"rendered":"https:\/\/precoinnews.com\/?p=136001"},"modified":"2021-08-18T09:35:15","modified_gmt":"2021-08-18T09:35:15","slug":"cooking-gas-lpg-price-hiked-by-%e2%82%b925-per-cylinder","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/economy\/cooking-gas-lpg-price-hiked-by-%e2%82%b925-per-cylinder\/","title":{"rendered":"Cooking gas LPG price hiked by \u20b925 per cylinder"},"content":{"rendered":"
Domestic cooking gas LPG price on August 18 was increased by \u20b925 per cylinder \u2014 the second straight month of increase in rates.<\/p>\n
Subsidised LPG now costs \u20b9859 per 14.2-kg cylinder in Delhi, according to a price notification of oil companies.<\/p>\n
This is the second straight month of a price increase. Rates were hiked by \u20b925.50 per cylinder on July 1.<\/p>\n
Non-subsidised LPG rates were increased on August 1 by the same proportion, and now the subsidised cooking gas prices have been raised.<\/p>\n
There is hardly any difference in the rate of subsidised and non-subsidised cooking gas.<\/p>\n
Industry sources said the subsidised LPG price was not raised on August 1 because Parliament was in session and the government could have been attacked by the Opposition.<\/p>\n
The latest increase in subsidised LPG price now has taken the cumulative rate hike since January 1 to \u20b9165 per cylinder.<\/p>\n
The government eliminated subsidies on LPG by raising rates every month. These monthly increases led to the elimination of subsidies by May 2020.<\/p>\n
The price of domestic cooking gas has more than doubled in the last seven years. The retail selling price of domestic gas was \u20b9410.5 per 14.2-kg cylinder on March 1, 2014.<\/p>\n
In Mumbai, a 14.2 kg LPG cylinder now costs \u20b9859.5, while in Kolkata, it is priced at \u20b9886. For people of Chennai, an LPG cylinder will now cost \u20b9875.50, up from \u20b9850.50.<\/p>\n
Meanwhile, diesel prices were cut by 19 to 21 paise across the country, while petrol prices remained unchanged, according to the price notification.<\/p>\n
This is the first change in price in over a month. Petrol continues to remain unchanged at \u20b9101.84 a litre in Delhi.<\/p>\n
Diesel rates have, however, been reduced to \u20b989.67 per litre from \u20b989.87. In Mumbai, the fuel now costs \u20b997.24 per litre.<\/p>\n