Price of subsidised LPG gas up by Rs 1.76 per cylinder

While the price of non-subsidised LPG in Delhi will increase by Rs 35.50 per cylinder in August, the actual impact on subsidised domestic customers is only Rs 1.76

GN Bureau | August 6, 2018


#Indian Oil   #PSU   #IOCL  

Indian Oil Corporation has increased the price of LPG cooking gas by Rs 1.76 per cylinder, taking cost of a subsidised cylinder from Rs 496.26 in July to Rs 498.02 in August in Delhi for domestic customers.

While the price of non-subsidised LPG at Delhi will increase by Rs 35.50 per cylinder in August, 2018 mainly due to change in international price and foreign exchange fluctuations, the actual impact on subsidised domestic LPG customers is only Rs 1.76 per cylinder, which is attributed to GST on the above.

The subsidy transfer in customers’ bank account has been increased to Rs 291.48 per cylinder in August 2018 as against Rs 257.74 per cylinder in July 2018. IOCL says the domestic subsidised LPG customer is protected against the increase in prices of LPG.

Comments

 

Other News

India’s freedom struggle was shaped by wider Asian political thought

As we mark 80th anniversary of independence, ‘Asianism and the Fall of Empire’ (HarperCollins India) by historian Mithi Mukherjee offers a new perspective on Ind

What is colonialism? A relook at modern history

The Chromatic World Order: The Fiction That Rules Our World  By Sajid Mohamed Aakar Books  

Monsoon session of parliament adjourns sine die

The Monsoon Session, 2026 of Parliament which commenced on July 20 was adjourned sine die on Thursday. The session provided 19 sittings spread over a period of 25 days.   During the session 11 Bills were introduced in Lok Sabha and 2 Bills were introduced in Rajya Sabha. 12 B

Consumer Justice at a Crossroads

Over the past four decades, India`s consumer protection landscape has undergone a remarkable transformation. What began with the Consumer Protection Act, 1986 as a simple mechanism to empower ordinary citizens has evolved into a comprehensive framework capable of addressing challenges ranging from mislea

Doctors, experts call for ban on junk food ads, mandate warning labels

More than 30 doctors, medical scientists and public health professionals have urged the government to take decisive action against the aggressive advertising and marketing of junk food, calling for a watershed ban on advertisements for foods high in fat, sugar and salt (HFSS) and ultra-processed foods (UPF

Asiatic Lion population rises from 523 in 2015 to 891 in 2025

On World Lion Day 2026, environment, forest and climate change Minister  Bhupender Yadav celebrated India’s remarkable journey in lion conservation and reaffirmed the country’s unwavering commitment to protecting wildlife and biodiversity.   In a post on soc

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter