After raising cooking gas prices by Rs 125 per cylinder last month, state-owned oil firms on Wednesday announced a Rs 10 per cylinder cut in LPG rates on softening international oil prices.
A 14.2-kg LPG cylinder — both for subsidised and market price users — will cost Rs 809 from April 1 as against Rs 819 currently, Indian Oil Corporation (IOC) said in a statement.
The price cut, which traditionally is announced on the day the change is effective — four times the rates went up in a span of one month — was announced a day ahead of the second phase of voting in West Bengal. The politically-crucial Nandigram constituency from where state Chief Minister Mamata Banerjee is taking on her once-trusted aide Suvendu Adhikari, who is contesting on BJP ticket, is also going for polls on Thursday.
