Fact Check: India's LPG, ATF prices hiked? How much will cylinders cost now? All we know
&imwidth=600&imheight=450&format=webp&quality=medium "Fact Check: India's LPG, ATF prices hiked? How much will cylinders cost now? All we know")
A worker unloads LPG cylinders from a truck at an Indian Oil Corporation LPG distributor facility at Belgharia, in Kolkata on Tuesday. Photograph: (ANI)
₹993 LPG hike? ATF prices rising too? Reports are triggering serious concern, but what’s actually changing, what isn’t, and what could hit businesses and travellers first may not be what it seems. Scroll down before you panic.
Reports suggest that the prices of 19kg commercial LPG cylinders in India have been sharply hiked by INR 993, bringing the cost to ₹3,071.50. The price of Aviation turbine fuel (ATF) is also rumoured to have been increased. But how true are the reports? All you need to know
LPG prices hiked?
According to an India Today report citing anonymous sources, commercial cylinders in India will now cost a whopping Rs 3,071.50, a whopping hike of ₹993. However, the prices of domestic LPG cylinders, as per the report, remain unchanged. This hike, if confirmed, would mirror a similar hike last month, when state-owned oil companies increased the cost of both 19-kg commercial cylinders and 5-kg mini cylinders.
Notably, the Government of India and LPG providers are yet to notify any price change in the cost of LPG cylinders, commercial or otherwise.
What about ATF? Have ATF prices been hiked
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Typically, ATF prices are revised at the beginning of every month based on input costs. Amid rumours of a price hike, news agency PTI reported that there is no change in the ATF price for domestic airlines. According to the report, ATF prices remain unchanged on Friday (May 1). Indian Oil, in a statement, said that state-owned oil companies decided to absorb the rise in global fuel prices to protect both consumers and airlines.
IOC also noted that there was no rate revision in key fuels affecting the general public.
Central excise duty on petrol, diesel revised
In three separate notifications issued on Thursday, the Ministry of Finance revised the central excise duty on fuel, fixing it at Rs 23 per litre for petrol and Rs 33 per litre for diesel, effective May 1, 2026. The government has also scrapped the additional excise duty on petrol, bringing it down to zero.
Despite these changes in excise duty, Indian Oil Corporation (IOC) has clarified that there will be no revision in the retail prices of petrol, diesel, or domestic LPG. This move effectively shields consumers from the recent surge in global crude oil prices. "The retail prices of Petrol, Diesel and domestic LPG (14.2 kg cylinders) have remained unchanged, fully insulating domestic consumers from the recent increase in international fuel prices," IOC said in a press release.
