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Cooking gas bill may go up by 50%
Get ready to pay more for your cooking gas. The government may limit the number of subsidised LPG cylinders you can get in a year to four. If the proposal goes through, you’ll have to pay the market price for every extra cylinder. Anupama Airy reports.
Get ready to pay more for your cooking gas. The government may limit the number of subsidised LPG cylinders you can get in a year to four. If the proposal goes through, you’ll have to pay the market price for every extra cylinder.
While you pay Rs345 for a subsidised cylinder in Delhi, the market price is Rs645. For an average household that uses eight to 10 cylinders a year, this would translate into a 40-50% increase in its gas bill, or Rs1,200-1,800.
“The proposal being contemplated is to limit subsidised LPG cylinders to four a year... We are working on a cabinet note,” a petroleum ministry official told HT.
Presently, there is no cap on the number of subsidised LPG cylinders 125 million households consume every year. The main reason to end this Rs300-per-cylinder subsidy is to control the subsidy bill that stood at Rs22,000 crore last year.
