Non-subsidised cooking gas price cut by Rs 61.5 per cylinder

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Non-subsidised cooking gas price cut by Rs 61.5 per cylinder
New Delhi, Apr 1 () The price of non-subsidised LPG, or market-priced cooking gas, on Wednesday was cut by Rs 61.5 per cylinder in line with a fall in benchmark international rates.

The price of non-subsidised LPG, which a domestic household consumer buys after exhausting his quota of 12 14.2-kg cylinders at below-market price rates, was cut to Rs 744 in Delhi.

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This is the second reduction in rates since March, according to a price notification issued by state-owned oil firms.

On March 1, non-subsidised LPG price was cut by Rs 53 per 14.2-kg cylinder. This was preceded by a massive Rs 144.5 per cylinder hike in February.

The two reductions have not yet brought LPG rates to pre-February hike levels.

Cooking gas is available only at market prices across the country. Eligible users, however, get subsidy in their bank account for buying LPG cylinders at subsidised rates.

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Domestic LPG users are entitled to buy 12 bottles of 14.2 kg each at subsidised rates in a year.

Price of 19-kg LPG cylinders, used by commercial establishment, came down to Rs 1,285 from Rs 1,381.50, the notification said. ANZ HRS
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