LPG to get cheap from today, cooking gas price cut by Rs 5.91

ANI
New Delhi, Delhi, India Published: Jan 01, 2019, 08:21 AM(IST)

File photo. Photograph:( Zee News Network )

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As domestic LPG prices are subsidised by the government, the effective price after subsidy to the consumer will be reduced by Rs.5.91 per cylinder (from Rs. 500.90 in December 2018 to Rs.494.99 for the month of January 2019).

The price of Non-Subsidised LPG in Delhi will be decreased by Rs 120.50 per cylinder from January 1, due to fall in the price of the domestic cooking gas in international market and strengthening of US dollar-rupee exchange rate.

Accordingly, the upfront cash payment by the consumer of domestic LPG will also reduce by Rs 120.50 per cylinder.

"Domestic LPG consumer will now be required to make an upfront cash payment of Rs.689.00 per cylinder in place of Rs.809.50 per cylinder," read an official statement issued on Monday.

As domestic LPG prices are subsidised by the government, the effective price after subsidy to the consumer will be reduced by Rs 5.91 per cylinder (from Rs 500.90 in December 2018 to Rs 494.99 for the month of January 2019).

The balance amount will be borne as subsidy by the central government and will be transferred to the bank account of LPG consumers after purchase and delivery of a refill. 

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