The rate of LPG cylinder has been increased by Rs 25 on Monday. With this, the cost of one 14.2 kg cylinder is now Rs 819 in Delhi. This comes at a time when there have already been three price hikes in February. The first hike was done on February 4 by Rs 25, followed by a price increase of Rs 50 on February 14 and then a hike of another Rs 25 on February 25. The prices have been constantly increasing since December and cumulatively there has been a hike of more than Rs 150 per cylinder till now.
In December, the rates of the LPG cylinder were increased twice. The first instance was on December 1, when the price was increased from Rs 594 to Rs 644 and then on December 15, when the price further surged to Rs 694. There was no increase or decrease in the rates in January. The increased rates have been applicable on all categories including subsidised and non-subsidised users.
The LPG rate across the country is the same. However, the government does give some amount of subsidy to people who are economically weak. This subsidy facility is not applicable in metros and major cities. The price of the LPG gas cylinder is decided by the state-run oil companies and fluctuation in the rates is affected by the international fuels rates. Currently, in India that are over 30 crore LPG gas cylinder connections,
Meanwhile, the price of both petrol and diesel has remained the same as Sunday, February 28. This is the second consecutive day that there has been no change in the rates. As of March 1, the price of one litre of petrol in Delhi is Rs 91.17 and the cost of one litre of diesel in the capital city is Rs 81.47. The last hike on petrol and diesel in Delhi was done on Saturday, February 27. On that day, petrol per litre saw a price hike of 24 paise while diesel rates were increased by 15 paise per litre.