LPG cylinder prices could rise by ₹100-150 in 1 year. Here’s why
4 years, 11 months ago

LPG cylinder prices could rise by ₹100-150 in 1 year. Here’s why

Live Mint  

You may not have noticed it but the price of subsidised cooking gas rose by an average of ₹10 per cylinder in the July-January period of current fiscal taking the price paid by common man for fuel closer to market rates. But for consumers, the move would mean that their cooking gas price would shoot up by another ₹100-150 per cylinder over the next one year. Sources said that taking advantage of low oil prices, government may give nod to state-run oil marketing companies to increase price of subsidised LPG cylinder gradually so that entire subsidy paid under direct benefit transfer scheme to eligible consumers is eliminated in one year's time. At current global oil prices, if oil companies raise the rate of subsidized LPG cylinder by just about ₹10 per cylinder per month, in 15 months time there would not be any need to extend Central support. The price of a subsidised LPG cylinder currently works to around ₹557 with government providing ₹157 as subsidy directly into the account of eligible consumers.

History of this topic

Commercial LPG prices in metro cities cut for first time in 6 months; ATF prices also lowered
Trending News
1 week, 1 day ago
Govt cuts ATF price by ₹1,401/kl, 19 kg cylinder by ₹14.5
1 week, 2 days ago
LPG commercial cylinder prices slashed on first day of new year | Check revised rates here
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1 week, 2 days ago
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2 weeks, 1 day ago
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1 month, 1 week ago
Commercial LPG cylinder price hiked by Rs 16.50
1 month, 1 week ago
Commercial LPG cylinder prices hiked by ₹16.5, domestic remained unchanged
1 month, 1 week ago
Price hike: 19 kg commercial LPG cylinder costlier by ₹16.50, at ₹1,818.50 in Delhi from today. See details here
Top News
1 month, 1 week ago
Commercial LPG cylinder prices increased by Rs 16.5, see what decided for domestic refills
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1 month, 1 week ago
Price of 19 kg commercial LPG cylinder by Rs 39
4 months, 1 week ago
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5 months, 1 week ago
LPG price hike: Commercial LPG cylinder price increases by ₹6.5 per cylinder
5 months, 1 week ago
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5 months, 1 week ago
These financial rules will change from today and impact your expenses
5 months, 1 week ago
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6 months, 1 week ago
LPG commercial cylinder price slashed by Rs 30 | Check revised rates here
6 months, 1 week ago
ATF price cut 6.5%, commercial LPG by ₹69
7 months, 1 week ago
ATF price cut 6.5% to ₹94,969.01/kl, 19-kg commercial LPG price cut by ₹69 to ₹1,676/cylinder
7 months, 1 week ago
LPG price cut ahead of elections: Oil marketing companies slash rates for 19-kg commercial. Check revised rate
9 months, 1 week ago
PM Modi’s Women’s Day gift: Govt reduces LPG cylinder prices by ₹100
10 months ago
LPG Price Slashed By Rs 100 As Centre's 'Women's Day Gift' To Highlight 'Nari Shakti' Focus
10 months ago
Centre Extends LPG Subsidy, Raises Jute MSP, and Launches UNNATI Scheme for Northeast Development
10 months ago
Govt extends ₹300 LPG subsidy for Ujjwala beneficiaries till 2025
10 months ago
Pradhan Mantri Ujjwala Yojana: Govt Today Likely To Extend LPG Cylinder Subsidy By One Year
10 months ago
LPG price hike update: Rates of commercial cylinders increased by Rs 25 today, check details here
10 months, 1 week ago
Centre slashes ATF prices by ₹1,221 per kl in Delhi ahead of Budget 2024
11 months, 1 week ago
ATF price cut by 4%; commercial LPG rates slashed marginally
1 year ago
Prices of commercial LPG cylinders reduced by ₹39.5
1 year ago
Commercial LPG rate slashed by Rs 39.50 per 19-kg cylinder, Check new prices
1 year ago
Commercial LPG Cylinder Gets Cheaper by Rs 57.50; Check Rates in Delhi, Other Cities
1 year, 1 month ago
Telangana Assembly election 2023: For political parties, LPG subsidy is new firepower amid rising prices
1 year, 1 month ago
LPG price hike: Pay Rs 101 more for 19 kg commercial LPG cylinder from Nov 1; check latest rates
1 year, 2 months ago
Distributor commission for LPG hiked to ₹73 per cylinder
1 year, 3 months ago
LPG Subsidy for Ujjwala Beneficiaries Hiked to Rs 300
1 year, 3 months ago
Centre hikes LPG subsidy for Ujjwala beneficiaries to ₹300 per cylinder
1 year, 3 months ago
Modi govt raises subsidy under Ujjwala Yojana from Rs 200 to Rs 300 per LPG cylinder
1 year, 3 months ago
Govt earmarks Rs 1,650 cr for additional 75 lakh LPG connections under Ujjwala
1 year, 3 months ago
Eyeing Polls, MP Govt Nod to Gas Subsidy
1 year, 4 months ago
One in four Ujjwala Yojana beneficiaries took zero or one LPG cylinder refills last year despite ₹200 subsidy, RTI data reveals
1 year, 4 months ago
Government to Bear LPG Price Cut Burden
1 year, 4 months ago
DC Edit | LPG gift' good, not enough
1 year, 4 months ago
Mint Explainer: Why the government cut LPG prices by ₹ 200
1 year, 4 months ago
Centre to cover cost of ₹200 LPG cylinder price cut, assures Puri: Report
1 year, 4 months ago
’Impact of INDIA alliance’: Opposition takes aim at Modi govt over LPG price cut
1 year, 4 months ago
Modi's rakhi gift: LPG Rs 200 cheaper
1 year, 4 months ago
Centre slashes LPG prices by ₹200 ahead of poll season
1 year, 4 months ago
LPG cylinder prices cut by ₹200, ’PM’s gift for Rakhi’, announces Centre
1 year, 4 months ago
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1 year, 4 months ago
Prices of LPG cylinders likely to be slashed by Rs 200, say sources
1 year, 4 months ago
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1 year, 4 months ago

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