The price of domestic liquified petroleum gas (LPG ) cylinder has been hiked by Rs 25.50 effective from July 1.
“Domestic cylinder weighing 14.2 kg will now cost Rs 834.50 in Delhi. Price of 19 kg cylinder has also been increased by Rs 76 and will cost Rs 1,550 in Delhi,” news agency ANI reported quoting sources.
The cooking gas will be available for Rs 834.50 per 14.2 kg cylinder as compared to Rs 809 per 14.2 kg cylinder earlier.
LPG prices are revised at the beginning of every month and with the latest hike from July 1, LPG price now has increased by Rs 140 per cylinder in the last six months.
The price, however, remained unchanged in June.Consumers have to pay the market price and the government is supposed to give subsidy to domestic consumers covered under the subsidy.
But the subsidy was erased in metros and major cities through successive price increases over the past couple of years.
So in Delhi, for example, consumers have been paying the market price without subsidy support.
Executives at state-run fuel retailers said that a small subsidy is paid to customers in remote and far-flung areas to compensate for higher freight charges. ( TOI )