Burning a bigger hole in common man’s pocket, the price of 14.2-kg domestic LPG cylinder on Saturday was hiked by Rs 50.

With the new revision, the LPG cylinder will now retail at Rs 999.50 in Delhi.

Earlier in the month, the price of a 19-kg commercial LPG cylinder was increased by Rs 102.50, whereas the 5-kg LPG cylinder is now priced at Rs 655.

Previously, on April 1, the price of 19-kg commercial LPG was hiked by Rs 250 per cylinder. With this, the 19-kg commercial cooking gas will now cost Rs 2,253. The commercial LPG price was previously increased by Rs 105 on March 1.

On May 1, the oil marketing companies organised over 5,000 LPG panchayats on the occasion of Ujjwala Diwas, where apart from experience sharing, aimed at safe and sustained usage of LPG, all out efforts were made to maximise customer enrolment.

Pradhan Mantri Ujjwala Yojana (PMUY) is a step toward social inclusion by providing Free LPG connection to every BPL household. The scheme was launched by Prime Minister Narendra Modi on May 1, 2016 at Ballia, Uttar Pradesh.

The prices of petrol, diesel, and LPG are being increased continuously following the assembly elections held in five states. On March 22, the subsidised domestic LPG cylinder increased by Rs 50.

The prices of domestic cooking gas vary from one state to another and the fuel retailers revise the prices of LPG cylinders at the beginning of each month.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor


Source link