Fourth hike this year, LPG to now cost Rs 1,053 per cylinder
Cooking gas Liquid Petroleum Gas (LPG) has become more expensive as it now costs Rs 1,053 per cylinder (non-subsidised) in Delhi after a hike of Rs 50 on Wednesday by the state-owned fuel retailers.
The hike, which is the third since May and the fourth this year, comes amid inflation remaining above six per cent –the threshold limit of the Reserve Bank of India (RBI) — since several months, resulting in increased prices of food, fuel and other essential commodities.
The cooking gas cylinder is priced at Rs 1,052.50 per 14.2-kg cylinder in Mumbai, Rs 1,079 in Chennai and Rs 1,068.50 in Kolkata respectively as the rates vary across the states due to differences in the Value Added Tax (VAT).
