INSUBCONTINENT EXCLUSIVE:
LPG prices were hiked today
While non-subsidised LPG or cooking gas prices were raised nearly Rs 50 per cylinder (14.2 kilograms), subsidised LPG was made more
expensive by at least Rs 2 per cylinder
With effect from Friday, June 1, non-subsidised LPG will be sold at Rs 698.5 per cylinder in Delhi, Rs 723.5 per cylinder in Kolkata, Rs
671.5 per cylinder in Mumbai and Rs 712.5 per cylinder in Chennai, according to Indian Oil Corporation, which supplies LPG under brand
Those prices represent the effective cost to consumer after subsidy for a cylinder of size 14.2 kilograms, Indian Oil mentioned.Subsidised
LPG prices were at Rs 493.55 per cylinder (of 14.2 kg) in Delhi, Rs 496.65 per cylinder in Kolkata, Rs 491.31 per cylinder in Mumbai and Rs
481.84 per cylinder in Chennai, according to Indian Oil, which announced a marginal reduction in petrol and diesel prices for the third
straight day.Subsidised LPG prices were increased by Rs 2.34 per cylinder in Delhi, Rs 2.42 per cylinder in Kolkata, Rs 2.37 per cylinder in
Mumbai and Rs 2.42 per cylinder in Chennai, compared with last month's prices
Non-subsidised LPG prices were raised by Rs 48 per cylinder, Rs 49.5 per cylinder, Rs 48.5 per cylinder and Rs 49.5 per cylinder
respectively.With Friday's hike, subsidised LPG cylinder prices are at their highest levels in the four metros since February this
year.Currently, the government provides subsidy on LPG cylinders
Households in the country are allowed 12 cylinders a year at subsidised rates, according to current rules
Any consumption beyond this limit is charged at non-subsidised rates.
