Domestic LPG price slashed by Rs 200
The price of Liquefied petroleum gas (LPG) cylinders for domestic use has been brought down by Rs 200 per cylinder for all users, announced Union Minister Anurag Thakur on Tuesday. This marks an 18 per cent reduction in the price of a 14.2-kg cooking gas cylinder.
“The prices of the LPG gas cylinders for domestic use have been brought down by Rs 200 per cylinder, for each and every user,” Anurag Thakur said.
The reduction in cooking gas prices comes at a time when the country is grappling with high inflation. The government’s decision will benefit millions of low-income families in India ahead of crucial state elections this year and the general election in 2024.
It may be noted that the government will have to spend an additional Rs 4,000 crore towards the enhanced subsidy, over and above the Rs 7,600 crore it has budgeted for the ongoing financial year.
In Delhi, the price of 14.2-kg LPG cylinder will now come down from Rs 1,103 to Rs 903. Similarly, in Mumbai, the LPG cylinder which presently costs Rs 1,102.50 will cost Rs 902.50 from Wednesday.