Rs 133 price cut for non-subsidised LPG cylinder

Now one has to pay Rs 809.50 to buy a non-subsidised LPG cylinder

GN Bureau | December 3, 2018


#LPG cylinder   #gas cylinder   #cooking gas   #IOCL  

The price of non-subsidised LPG in Delhi has been slashed by Rs 133 per cylinder from December 1. IOCL has attributed fall in price of LPG in international market and strengthening of US Dollar-Indian Rupee exchange rate as the reasons behind the price cut.

 
Now one has to pay Rs 809.50 to buy an LPG cylinder against November month’s rate of Rs 942.50 per LPG.
 
As domestic LPG prices are subsidised by the centre, the effective price after subsidy to consumer will reduce by Rs 6.52 per cylinder, from Rs 507.42 in November to Rs 500.90 for December.
 
The balance amount is borne as subsidy (Rs 308.60 per cylinder) by the centre and is being transferred to the beneficiaries’ bank accounts.

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