LPG Cylinder Price Hike: Inflation is going to die down before the festival of Diwali. While on one hand the prices of onion are gradually increasing, on the other hand, the prices of LPG cylinders have increased in many places of the country. Let us tell you that OMC (Oil Manufacturing Companies) has increased the prices of commercial LPG cylinders by ₹ 100. It is noteworthy that this is the second increase in the prices of commercial LPG cylinders in the last two months. This increase will be effective from November 1.
No change in domestic cylinder
However, amid this inflation, there is no need for the common people to worry too much because there has been no change in the price of LPG gas cylinders used in homes. Now according to this price, the price of 19 kg LPG cylinder in Delhi is ₹ 1,833. In other major cities, the price of the same cylinder is ₹ 1,943 in Kolkata, ₹ 1,785 in Mumbai, ₹ 1,914.50 in Bengaluru and ₹ 1,999.50 in Chennai respectively.
This is the rate of domestic cylinder
Whereas LPG cylinder for home use is available in Kolkata for Rs 929. At the same time, the price of domestic LPG cylinder in Mumbai is Rs 902.5 and in Chennai it is being sold for Rs 918.5. The price of 14.2 kg domestic LPG cylinder in Delhi is still ₹903.
Subsidy increased from ₹200 to ₹300 per cylinder
On October 4, the Union Cabinet approved an increase in the LPG subsidy, increasing the subsidy to many households from ₹200 to ₹300 per cylinder. In such a situation, it is also being said that this decision has been taken because assembly elections are going to be held in five states and there are also Lok Sabha elections in 2024. In such a situation, this step has reportedly been taken to attract the public.
Extension of PM Ujjwala Yojana Scheme
The government’s move to provide additional subsidy with a special focus on rural women comes soon after the approval to expand the PM Ujjwala Yojana scheme, targeting an additional 7.5 million women. This expansion is part of a broader effort to increase the total number of beneficiaries to 103.5 million within the next three years.
LPG cylinder price reduced by ₹200
Earlier on August 29, the Union Cabinet had reduced the price of 14.2 kg LPG LPG cylinder by ₹ 200 as a gift for women ahead of Raksha Bandhan on Tuesday. This step has been taken when the Center is facing increasing criticism regarding rising inflation.