LPG price cut by Rs 170 a cylinder across metros

Liquefied Petroleum Gas (LPG or cooking gas) prices were cut by ₹170 a cylinder on an average across metros on Friday.

After the cut in price, a 14.2 kg non-subsidised domestic LPG cylinder will cost ₹581.5 in Delhi, ₹584.5 in Kolkata, ₹579 in Mumbai and ₹569.5 in Chennai. These prices are generally applicable for a month from the date on which they are revised.

Eligible consumers will receive a subsidy, through direct benefit transfer in their bank accounts, after paying these lowered upfront costs for cooking gas. The average cost of a subsidised domestic LPG cylinder is close to ₹550 a cylinder across the country.

So, after the revision, the effective price for most LPG consumers remained unchanged, but the upfront cost has been lowered significantly.