Domestic cooking gas price raised from June 1 in metros
In Delhi, the price rose to Rs 593.00 with an increase of Rs 11.50 per LPG cylinder and in Kolkata, it will now cost Rs 616.00 after an increase of Rs 31.50.Updated: Jun 01, 2020 11:04 IST
The price of non-subsidised liquefied petroleum gas (LPG) cylinder of Indane has been increased between Rs 11.50 to Rs 37 in four metro cities, including Delhi, from June 1.
In Delhi, the price rose to Rs 593.00 with an increase of Rs 11.50 per LPG cylinder and in Kolkata, it will now cost Rs 616.00 after an increase of Rs 31.50.
Customers in Mumbai will have to pay Rs 590.50 for an LPG cylinder after an increase of Rs 11.50 and it will be sold at Rs 606.50 in Chennai after an increase of Rs 37.
“The Retail Selling Price of LPG in Delhi market for the month of May 2020 was reduced from Rs 744 to Rs. 581.50 per cylinder for all consumers in line with a drop in international prices,” the Indian Oil Corporation Ltd (IOCL) said in a statement.
“For the month of June, there has been an increase in international prices of LPG. Due to an increase in the prices in the international market, the RSP of LPG in Delhi market will be increased by Rs 11.50 per cylinder,” it added.
However, the state-owned oil and gas company has said the hike will not impact beneficiaries of the Pradhan Mantri Ujjwala (PMUY) as they are covered by the Pradhan Mantri Garib Kalyan Yojana and are entitled to a free cylinder till June 30.
Under the government’s Ujjwala scheme, 83 million below poverty line (BPL) families will be provided with free cooking gas cylinders for three months as part of the coronavirus relief package.
Prices of LPG cylinders are revised by fuel retailers on the first day of every month depending mainly on the international benchmark rate of LPG and the exchange rate of the US dollar and the Indian rupee.