Mysuru: After the hike in petrol and diesel prices, the cost of Liquefied Petroleum Gas (LPG) was also increased this morning. The price of domestic subsidised cylinder has been increased by Rs. 49 and the price of commercial non-subsidised cylinder has been increased by Rs. 80.
In Mysuru, the subsidised domestic cylinder (14.2 kgs) will cost Rs. 701.50. Earlier it cost Rs. 652.50 per cylinder. The non-subsidised commercial cylinder will now cost Rs. 1,267 instead of the earlier Rs. 1,187, marking an increase of Rs. 80 per cylinder.
The increase in LPG prices comes amid heat over the rising petrol prices across the country. The fuel prices were today reduced marginally for the third day after it remained high for 16 consecutive days. This morning, petrol prices were cut by 6 paise and diesel prices by 5 paise per litre. Earlier in May, the Ministry of Petroleum and Natural Gas had refuted reports of alleged hike in LPG price in the recent months. In a statement, the Ministry had said that there has rather been a fall of around Rs. 100 in the retail selling price of non-subsidised LPG price.
Every household in India is entitled to 12 LPG cylinders per year at a subsidised rate. However, LPG cylinders bought beyond the prescribed number has to be purchased at market prices which are known as non-subsidised LPG rates.
This post was published on June 1, 2018 6:39 pm