LPG Price Hike: 'Inflation' havoc continues, ₹ 594 cylinder received on December 1, ₹ 819 on March 1

Posted on 1st Mar 2021 by rohit kumar

New Delhi: People suffering from inflation have got another blow today. This time, inflation has hit the common man's kitchen. The kitchen gal cylinder today once again became 25 rupees expensive. The price of subsidized domestic gas cylinders has been increased again by Rs 25 from today. After this, the price of a 14.2 kg LPG gas cylinder in the capital Delhi has now increased from Rs 794 to Rs 819.

 

 

LPG gas cylinders have been costlier by Rs 225 since December 1 in the national capital. On December 1, the price of LPG gas was increased from Rs 594 to Rs 644. After this, on January 1, it increased from Rs 644 to Rs 694. Rs 419 to Rs 719 on 4 February and from 719 to Rs 769 on 15 February.

 

 

After this, again on 25 February, the price of LPG gas was increased by 25 rupees, after which its price increased from Rs 769 to 794. Then, after the increase in the price of 25 LPG gas by 25 rupees on March 1, now the current price of LPG gas has been increased to Rs 819. Significantly, 12 (14.2 kg) cylinders are given by the government on subsidy in each house.

 

 

Here, in Kolkata, the price of both subsidized and commercial gas cylinders has increased. After the increase in the price of subsidized gas cylinders by Rs 25, it has now been increased to Rs 845.50, while the price of commercial gas cylinders has been increased by Rs 19.

 

 

How LPG prices are decided

 

LPG prices are determined by the exchange rate of international markets and currency.

LPG cylinder prices change every 15 days

The amount of subsidy also changes every month.

When prices rise in the international market, the government gives more subsidies.

Subsidies are cut when rates come down

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