LPG refill to be cheaper by Rs 10, first price-cut in 4 months

NEW DELHI: Household cooking gas refills, commonly known as LPG cylinders, will become cheaper by Rs10 from tomorrow as a result of recent softening in the fuel’s international rate.
According to state-owned IndianOil, the country’s largest fuel retailer, a 14.2 kg domestic LPG cylinder will cost about Rs 809 from April 1 in Delhi and Mumbai. In Kolkata, a refill will cost Rs 835.50 and Rs 825 in Chennai.
This is the first reduction in four months. Refill prices had gone up cumulatively by Rs 175 since December. The prices were raised four times, totalling Rs 125, since February-end. The prices were hiked first by Rs 25 per cylinder on February 4, followed by Rs 50 on February 15, Rs 25 on February 25 and again by Rs 25 on March 2.
Consumers have to pay the market price and the government is supposed to give subsidy to eligible domestic consumers. But successive increase in prices over the last couple of years erased subsidy in metros and major cities.