From July 1, LPG or liquefied petroleum gas prices were increased marginally, a second straight monthly hike following three instances of reduction. However, despite the two consecutive hikes, the LPG rate in Delhi currently is at the lowest level recorded since September, according to data from Indian Oil Corporation (IOC). LPG or cooking gas prices vary in different parts of the country depending on local taxes. Retailers such as state-run IOC – which supplies LPG under brand Indane – review the prices from time to time based on factors such as changes crude oil rates.
Currently, Indiane LPG consumers in Delhi and Mumbai have to shell out Rs 594 for each non-subsidised refill of 14.2 per kilograms.
Here are the current rates of Indane LPG cylinders in the four metros:
|City||Price In Rupees Per 14.2 KG Cylinder|
|With Effect From June 1||Existing|
Indian Oil provides information on latest rates in other cities on its website.
(Before the marginal hike on June 1, the LPG prices were lowered in the past three months)
Currently, the government subsidises 12 cylinders of 14.2 kilograms each per household in a year. The consumer has to make any additional purchases at the market price. The amount of subsidy – provided by the government on the annual quota of 12 refills – varies from month to month and is determined broadly by factors such as crude oil rates and foreign exchange.