Governance Now Masterminds

Subsidised LPG cylinder cost goes up by Rs 2.08

The price of non-subsidised LPG in Delhi will increase by Rs 42.50 per cylinder in March due to variation in international price and foreign exchange fluctuations

GN Bureau | March 5, 2019


#LPG   #cylinder   #IOCL   #gas  

IOCL has increased the price of LPG cylinder by Rs 2.08 per unit, taking cost of a subsidised LPG cooking gas cylinder from Rs 493.53 in February to Rs 495.61 in March 2019 in Delhi.

 
While the price of non-subsidised LPG in Delhi will increase by Rs 42.50 per cylinder in March mainly due to variation in international price and foreign exchange fluctuations, the actual impact on subsidised domestic customers is only Rs 2.08, which is mainly due to GST on the above. The subsidy transfer in customers’ bank account has been increased to Rs 205.89 per cylinder in March 2019 as against Rs 165.47 per cylinder in February 2019. Thus the domestic subsidised LPG customer is protected against the increase in prices of LPG.

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