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LPG Price: In the last 8 years, the price of LPG has increased 2.5 times, and there is no subsidy

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LPG Price: In the last 8 years, the price of LPG has increased 2.5 times, and there is no subsidy
LPG Price: In the last 8 years, the price of LPG has increased 2.5 times, and there is no subsidy

According to data from state-run oil marketing company Indian Oil Corporation (IOCL), the price of a subsidized LPG cylinder in March 2014 was Rs 410. After the latest increase, the price of 14.2 kg domestic LPG cylinder has been increased by Rs 50. Now domestic LPG cylinder will be available in Delhi for Rs 1053.

In the midst of record inflation, the common people are lightheaded by the rising price of LPG. A day earlier, the price of domestic LPG cylinder (LPG Cylinder Prices) has been increased again by Rs 50. This turned out to be bad news for the already troubled common people. The price of LPG has increased continuously for some time now. If we look at the historical figures, in the last eight years, the price of LPG cylinder has increased by about two and a half times.

LPG prices increased again a day ago

According to data from state-run oil marketing company Indian Oil Corporation (IOCL), the price of a subsidized LPG cylinder in March 2014 was Rs 410. After the latest increase, the price of 14.2 kg domestic LPG cylinder has been increased by Rs 50. Now domestic LPG cylinder will be available in Delhi for Rs 1053. Along with the 14.2 kg cylinder, the price of 5 kg small domestic cylinder has also increased. Its price has been increased by Rs 18 per cylinder. In this way, the price of 14.2 kg cylinder for domestic use has increased by about 157 percent in the last eight years.

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Rate now in your city: (All prices in rupees)

Delhi: 1053
Mumbai: 1053
Kolkata: 1079
Chennai: 1069
Lucknow: 1091
Jaipur: 1057
Patna: 1143
Indore: 1081
Ahmedabad: 1060
Pune: 1056
Gorakhpur: 1062
Bhopal: 1059
Agra: 1066

The price of cooking gas increased so much in a year

In the last one year itself, the domestic gas cylinder in Delhi has become costlier by about Rs 219. A year ago its price was Rs 834.50, which has now increased to Rs 1053. The rate of 14.2 kg domestic LPG cylinder was earlier increased on 19 May. Then its prices had increased by four rupees. Earlier on March 22 also, the prices of domestic LPG cylinders had increased by Rs 50.

This is how the prices of LPG cylinders increased

Talking about Delhi, the price of subsidized domestic LPG cylinder as on 01 March 2014 was Rs 410.50. After a year, i.e. in March 2015, its price increased to Rs 610. The next one year benefited from the falling crude prices and in March 2016, the price of domestic cylinder came down to Rs 513.50. In March 2017, their price increased to Rs 737.50. In March this year, their prices were Rs 899. Now the price of a domestic cylinder of LPG is Rs 1053.

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Now the subsidy on gas cylinder is over

Let us tell you that from March 2015, the Modi government started the initiative to send the subsidy given on domestic cooking gas directly to the bank account of the beneficiary. People then used to get 12 cylinders every year on subsidy. After the Corona epidemic, the subsidy given on LPG started decreasing. Earlier, the government had started a campaign to voluntarily give up subsidy from the people. However, during the pandemic, the subsidy ended for everyone. Now only those who get the connection under the Ujjwala Yojana are given subsidy on LPG cylinders.

LPG Price: A huge drop in LPG became cheaper by Rs 198

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