Amidst the lockdown, there is good news for the general public today. On Friday, May 1, from today, prices of 19 kg and 14.2 kg non-subsidized LPG cylinder have become cheaper. Oil companies review the prices of LPG cylinders at the beginning of every month. The tax varies from state to state and the price of LPG varies accordingly.
Non-Subsidized LPG Cylinder Price Slashed By Rs.162:-
According to information received from the IOCL website, the 14.2-kg non-subsidized LPG cylinder has become cheaper by Rs 162 in Delhi. After this, it has been priced at Rs 581, which was earlier Rs 744. In Kolkata, its price has reduced from Rs 774.50 to Rs 584.50, in Mumbai it has reduced from Rs 714.50 to Rs 579. Whereas in Chennai it was earlier Rs 761, which has become Rs 569 from today.
The commercial Gas Cylinder Has Also Become Cheaper By Rs 256:-
Apart from domestic LPG, there have been major cuts in the prices of commercial gas also. The 19 kg cylinder has become cheaper by Rs 256 in Delhi. After this, it has been priced at Rs 1029.50, which was earlier Rs 1285.50. In Kolkata, its price has been reduced from Rs 1348.50 to Rs 1086, in Mumbai it has come down from Rs 1234.50 to Rs 978. In Chennai, it was earlier Rs 1402, which has become Rs 1144.50 from today.
Government Gives Subsidy On Gas Cylinders:-
At present, the government provides a subsidy on 12 cylinders of 14.2 kg for each household in a year. If customers want to buy more than 12 cylinders, then they have to buy them at market price. The price of a gas cylinder changes every month. Its price is determined by factors such as average international benchmarks and changes in foreign exchange rates.