Sat. Oct 1st, 2022
commercial lpg price cut

NEW DELHI, INDIA : The price of a 19-kg commercial cylinder has been reduced by Rs 135 with effect from Wednesday, June 1, according to a notification issued by state-owned shops on the same day. This follows two consecutive increases in commercial cylinder rates in the last two months. However, there was no mention of a price increase for home gas cylinders. The oil marketing corporations revealed their decision early on Wednesday, when the new month began.

According to the amended list of oil marketing organisations, the price of a commercial LPG cylinder in Delhi has been decreased to Rs 2219, down from the previous price of Rs 2,355.50. The price of commercial LPG in Mumbai has been reduced to Rs 2171.50 a cylinder, down from Rs 2,307 per cylinder. In Kolkata, on the other hand, a client will have to pay Rs 2,322 for one cylinder, as opposed to Rs 2,455 previously. In the meantime, the price of a single 19-kg commercial cylinder in Chennai has dropped from Rs 2,508 to Rs 2,373 as of today.

However, the price of a 14.2-kg household cooking cylinder has remained constant, as previously stated. Last month, the price of a household LPG cylinder in Delhi was raised to Rs 1,003, marking the second rise in a month. The price of crude oil has risen internationally, prompting state-owned fuel dealers to raise LPG prices. Cooking gas costs have risen by as much as Rs 53.50 per cylinder in the previous month, and have already surpassed Rs 1,000 in major locations throughout the nation.

Meanwhile, Finance Minister Nirmala Sitharaman said that all Pradhan Mantri Ujjwala Yojana recipients will receive a Rs 200 per cylinder subsidy. She had arranged for the funds to be put straight into their bank account, she said in a tweet dated May 21.

“In addition, we would provide a subsidy of Rs 200 per gas cylinder (up to 12 cylinders) to nearly 9 crore Pradhan Mantri Ujjwala Yojana participants this year.” Our moms and sisters will benefit from this. Because of the economic implications of the Covid-19 epidemic, the PM Ujjwala scheme was cancelled in June 2020,” she stated.
PMUY recipients would pay Rs 803 per cylinder in residential LPG cylinder rates after the subsidy. Due to the economic impacts of the Covid-19 epidemic, the PM Ujjwala scheme was phased down in June 2020.

By adele rose

Adele Rose is the senior editor and employee of WGBS Pvt Ltd Digital wing.

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