The prices of non-subsidised and subsidised LPG cylinder have been cut by Rs 35.50 and Rs 1.74, respectively. The revised rates are effective 1 April, 2018.
The Hush Post: At a time when the government is drawing flak for high prices of petrol and diesel, the state-run oil marketing companies have provided some relief to the households by slashing the prices of LPG cylinders or domestic cooking gas by as much as Rs 36. The prices of non-subsidised and subsidised LPG cylinder have been cut by Rs 35.50 and Rs 1.74, respectively. The revised rates are effective 1 April, 2018.
The latest cut by oil companies also extends to commercial cylinders as well, with the 5 kg LPG cylinder becoming cheaper by Rs 15 while the price of 19 kg commercial cylinder has been reduced by Rs 54.
According to the information available on the IOCL (Indian Oil Corporation Limited) website, a 14.2 kg non-subsidised cooking gas cylinder is now available for Rs 666 in Chandigarh as against Rs 701.50 earlier. A subsidised cooking gas cylinder will now cost Rs 484 in City beautiful.
The price cut is the second in less than a month after a reduction in international pricing early March had led to a similar fall.
Every household in the country is entitled to have 12 LPG cylinders of 14.2 kg each at subsidised rates in a year. Any requirement beyond that is to be purchased at market price (non-subsidised LPG rates).