LPG price hike: Domestic cylinder price increased by Rs 50, commercial cylinder price hiked by Rs 350, check the new rates here
The price of Liquefied petroleum gas (LPG) cylinders has been hiked by Oil Marketing Companies which are run by the Government. As per reports, the price of the domestic cylinder has been increased by 50 Rs, whereas the cost of the commercial cylinder has been hiked by 350 Rs.
The newly hiked prices announced by the Oil Marketing Companies have been enforced by the government since Tuesday.
The rates of domestic cooking gas change from one state to another owing to the state taxes. It is also reported that the prices of LPG gas are also influenced by the prices of crude oil in international markets.
Usually, the LPG prices are changed at the beginning of every month by the state-run Oil Marketing Companies. However, no revision came in the last month, due to which the market anticipated a price updation in the month of march.
Read Also: AAP leaders Manish Sisodia, Satyendar Jain resign ministership
Domestic LPG Cylinder Price increase
The price of domestic LPG cylinders has been hiked by Rs 50 in Delhi. The domestic LPG cylinder weighs about 14.2 kgs and in accordance to the updated price hike, a domestic LPG cylinder will cost Rs 1103.
Commercial LPG cylinder price hike
The price for the commercial LPG cylinder has also been increased by Rs 350.50 in Delhi. A commercial LPG cylinder weighs around 19 kg and now with the price hike, it will cost Rs 2119.50.
Previous price hikes
As per the reports, the last updation of the domestic LPG price was done in 2022 and it was increased 4 times. In January, the rates of commercial LPG cylinders were hiked by Rs 25 leading to the LPG cylinder costing Rs 1,768.
The recent price hike in commercial and domestic LPG cylinders will be a big blow to the pockets of many Indian households. It is reported that a mass of people uses LPG for cooking.
Supreme Court instructs Centre to provide Z+ security to Mukesh Ambani, family in India and abroad
Insect found in Air India business class passenger’s meal, internet disgusted