LPG Cylinder Price – Relief for consumers as cooking gas prices cut by THIS MUCH from TODAY

ZeeBiz WebTeam | Apr 01, 2021, 06:38 PM IST

BIG RELIEF - The common man has been hit by rising fuel prices, be it petrol, diesel or LPG (Liquified Petroleum Gas) cylinder. While the Government has not increased the prices of petrol and diesel after slashing it on 30th March, 2021, it has given relief on the cooking fuel too. In a relief to common man, the prices of Liquefied petroleum gas (LPG) cylinder have been cut down by Rs 10 and the new prices are implemented from today i.e. 1 April 2021. Source: PTI

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LPG Prices in Delhi, Mumbai, Kolkata and Chennai

LPG Prices in Delhi, Mumbai, Kolkata and Chennai

The LPG cylinder prices have become cheaper by Rs 10 starting from 1 April, Indian Oil Corporation Limited (IOCL) has said. In Delhi and Mumbai, a 14.2 kg LPG cylinder will cost around Rs 809. While in Kolkata, LPG cylinder is now available at Rs 835.50. In Chennai, the price of LPG cylinders will be at Rs 825. Source: PTI

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LPG Cylinder Price Revision Cycle

LPG Cylinder Price Revision Cycle

Fuel retailers revise prices of LPG cylinders every month. The LPG cylinder prices were increased by Rs 125 recently. Source: PTI 

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LPG Price Dependence

LPG Price Dependence

The price of LPG cylinder is dependent upon the international benchmark rate of LPG and the exchange rate between the US Dollar and Indian Rupee. Source: PTI

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LPG Cylinder Availability

LPG Cylinder Availability

Every Indian household is entitled to 12 cylinders of 14.2 kg each at subsidised rates in a year. If somebody needs more cylinders, then he is required to purchase it at the market price. Under the Narendra Modi Government’s flagship scheme PAHAL (Direct Benefit Transfer of LPG), consumers get LPG cylinders at a subsidised rate. Source:PTI

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LPG Price Movement

LPG Price Movement

LPG price had touched a record high of Rs 939 per cylinder in November 2018. The prices of crude oil have come down recently. Source: PTI