Ahead of Diwali, inflation bomb exploded yet again. After petrol and diesel, LPG prices were increased by Rs 265 per cylinder.
After this hike, commercial cylinder price in Delhi crossed Rs 2,000 mark. Earlier, it was being sold at Rs 1,733. In Mumbai, a 19 kg commercial cylinder, which was sold at Rs 1,683, now costs Rs 1,950 after today’s hike. In Kolkata, a 19-kg commercial cylinder now costs Rs 2,073.50 and in Chennai price of this product has increased to Rs 2,133.
In this year so far, domestic LPG cylinder prices have increased from Rs 694 in January to Rs 899.50 now after eight straight increases.
As per existing rules, households are eligible to get 12 cylinders of 14.2kg each at subsidised rates. Any quantity over this has to be bought at market price or non-subsidised rates.
In Kashmir, the LPG for non-commercial use is being sold at Rs. 1,015.50.