LPG gas prices reduced by Rs 120.50 per cylinder

The price reduction has been attributed to plummeting prices of LPG in global market and strengthening of US Dollar-Indian Rupee exchange rate

GN Bureau | January 2, 2019


#LPG cylinder   #gas cylinder   #cooking gas   #IOCL  

The government has reduced the price of non-subsidised LPG gas in Delhi by Rs 120.50 per cylinder from January 1, 2019.

 
The price reduction has been attributed to plummeting prices of LPG in global market and strengthening of US Dollar-Indian Rupee exchange rate. Now domestic LPG consumers will need to pay Rs 689.00 per cylinder against the previous rate of Rs 809.50.
 
As domestic LPG prices are subsidised by the government, the effective price after subsidy to consumers will reduce by Rs 5.91 per cylinder (from Rs 500.90 in December 2018 to Rs 494.99 in January 2019). The reduction is on account of GST impact on decrease in price of non-subsidised LPG.

Comments

 

Other News

Tier-2 cities lead India’s digital credit push

Digital payments have become a reflex for urban India, but the confidence earned in paying has not yet carried over to borrowing. That is the central finding of `How Urban India Pays Report 2026`, released by Pahlé India Foundation in collaboration with Amazon Pay. Based on a survey of 5,149 consu

India calls for doubling bilateral trade with UK by 2030

Commerce and industry minister Piyush Goyal has called upon businesses in India and the United Kingdom to translate the opportunities created by the India-UK Comprehensive Economic and Trade Agreement (CETA) into expanded trade, investment, partnerships and job creation. Addressing the Bu

Gandhian movement after Gandhi failed: Ram Guha

The Gandhian movement in India, after Gandhi’s death, failed, says Ramachandra Guha, and blames Vinoba Bhave for it. But the movement found new, fertile grounds around the world and succeeded in bringing about a change in South Africa, the US and elsewhere. It is high time it returned home. Of cour

When religion, politics and Bollywood come together

Tavleen Singh, noted journalist and political commentator, has turned to fiction, with her debut novel ‘The Actor’ (HaperCollins India). Set in the near future, it has a superstar, Amit Singh, turning to politics, when the political landscape is dominated by prime minister Guru Gaynendraj

Cabinet approves setting up of Integrated Transport & Logistics Authority

The union cabinet, chaired by prime minister Narendra Modi, on Tuesday approved the setting up of a Special Purpose Vehicle (SPV), called Integrated Transport & Logistics Authority (ITLA), to strengthen research, planning, appraisal, monitoring and impact assessment within the broad domains of Transp

Why foundational literacy and numeracy is key to school education

Foundational Literacy and Numeracy (FLN) are often described as the building blocks of education. Yet, their significance goes well beyond a child’s ability to read a sentence, write a response or solve a basic mathematical problem. These foundational skills shape how children understand the world,

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter