Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
News18 » India
1-min read

Prices of LPG Cylinders See Sharp Hike; to Cost Rs 858 in Delhi, Rs 829 in Mumbai

In India, which is dependent on imports to meet 84 per cent of its oil needs, prices of domestic fuels are at par with benchmark international prices.

News18.com

Updated:February 12, 2020, 2:39 PM IST
facebookTwitter Pocket whatsapp
Prices of LPG Cylinders See Sharp Hike; to Cost Rs 858 in Delhi, Rs 829 in Mumbai
Image for representation. (Photo: Reuters)

New Delhi: The prices of non-subsidised LPG cylinders saw a sharp hike on Wednesday across metro cities. The prices had earlier risen by Rs 19 per cylinder on the back of a rise in international rates in January.

In Delhi, the price of non-subsidised 14kg Indane gas is now Rs 858.50 after an increase of Rs 144.50). In Kolkata, the price is Rs 896, Rs 829.50 in Mumbai and in Chennai, it is Rs 881.

In India, which is dependent on imports to meet 84 per cent of its oil needs, prices of domestic fuels are at par with benchmark international prices.

LPG, as well as ATF prices, are revised on 1st of every month based on the average international rate for benchmark fuel and foreign exchange rate in the preceding month.

Fuel retailers revise the prices of LPG cylinders every month. Fuel retailers sell LPG cylinders at the market price but the government subsidises 12 cylinders each household per year by providing direct subsidy.

Shiv Sena leader Priyanka Chaturvedi was quick to attack the government over the hike and rising prices.

Bahujan Samaj Party chief Mayawati called the move "cruel", saying that this will further increase the worries of common people who are already facing extreme inflation.

"Today the price of non subsidized LPG cylinder was increased around Rs 150. This is a cruel step taken by the government as people are already facing extreme inflation. It will be better if the central government should work as per the guidelines laid down in the Constitution of India, Mayawati said.

Support the daily wage earners who have been hit the hardest by the COVID-19 crisis. Click here to contribute to the cause. #IndiaGives

The daily News18 Coronavirus COVID-19 newsletter - Get your copy here.

Subscribe to News18 Daybreak. Follow us on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube

Read full article

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results

India

  • Active Cases

    3,666

     
  • Total Confirmed

    4,067

     
  • Cured/Discharged

    291

     
  • Total DEATHS

    109

     
Data Source: Ministry of Health and Family Welfare, India
Updated: April 06 (09:00 AM)
Hospitals & Testing centres

World

  • Active Cases

    941,121

     
  • Total Confirmed

    1,276,587

     
  • Cured/Discharged

    265,944

     
  • Total DEATHS

    69,522

     
Data Source: Johns Hopkins University, U.S. (www.jhu.edu)
Hospitals & Testing centres