INSUBCONTINENT EXCLUSIVE:
LPG or cooking gas prices are at their lowest level so far this year
LPG cylinders - at subsidized as well as non-subsidised rates - have been lowered five times in calendar year 2018
Earlier this month, non-subsidised LPG prices were revised downward in the range of Rs 0.5-3 per cylinder of 14.2 kg in Delhi, Kolkata,
Mumbai and Chennai, according to data from Indian Oil Corporation, which supplies the cooking gas under brand Indane
The change in subsidized LPG prices was of magnitude 2-14 paise per litre, data shows
The overall change in non-subsidised LPG prices is of nearly Rs 100 per cylinder in the five consecutive reductions.Currently, households in
the country are entitled to 12 LPG cylinders (of 14.2 kg) at subsidised prices every year
These rates are known as subsidised LPG rates
Any requirement beyond that is to be purchased at market prices
These rates are known as non-subsidised LPG prices.With effect from May 1, 2018, subsidised LPG prices are at Rs 491.21 per cylinder in
Delhi, Rs 494.23 per cylinder in Kolkata, Rs 488.94 per cylinder in Mumbai and Rs 479.42 per cylinder in Chennai, according to Indian Oil
Non-subsidised LPG prices are at Rs 650.5 per cylinder, Rs 674 per cylinder, Rs 623 per cylinder and Rs 663 per cylinder
respectively.Compared with the prices the previous month, subsidized LPG prices are down 14 paise per cylinder in Delhi, 10 paise per
cylinder in Kolkata and Mumbai, and 2 paise per cylinder in Chennai
Non-subsidised LPG prices are Rs 3, Rs 2 (Kolkata and Mumbai) and 50 paise lower respectively.The Ministry of Petroleum had earlier this
month pointed at the overall reduction of Rs 96.5 per cylinder non-subsidised LPG price in Delhi since December 2017
It had also mentioned the Rs 4.48 cut in subsidized LPG prices in the national capital during this period."Significant decrease in LPG
cylinder price directly benefits the consumers
The subsidy is transferred directly in bank accounts of the LPG consumers under world's largest cash transfer scheme," the ministry had said
Pahal is a government-run scheme, under which LPG consumers can receive the LPG subsidy in their bank account
cylinder in Chennai so far in 2018
Subsidised LPG prices are down Rs 4.2 per cylinder, Rs 4.44 per cylinder and Rs 4.27 per cylinder respectively.Meanwhile, petrol and diesel
prices have hit all-time highs in some cities
Petrol prices have been raised by Rs
2.84 per litre in Delhi, Rs.2.8 per litre in Kolkata, Rs
2.81 per litre in Mumbai and Rs
2.99 per litre in Chennai in 11 days, data from Indian Oil Corporation shows
Diesel prices have been increased by Rs
