Oil marketing companies (OMCs) on Friday cut prices of commercial LPG cylinders by Rs 158, with effect from September 1. With this change, in Delhi, a 19-kg commercial LPG cylinder will now cost Rs 1,522.
Earlier this week, the government had slashed prices of domestic LPG cylinders by Rs 200 for all connection holders across the country. Monthly revisions for both commercial and domestic LPG (liquefied petroleum gas) cylinders are done on the first day of each month, with the new rates becoming effective from September 1.
Earlier in August, the prices of commercial LPG cylinders were cut by Rs 99.75 by OMCs.Meanwhile, With eyes set firmly on the forthcoming elections, the Union Cabinet on Tuesday approved the reduction in prices of LPG gas cylinders by Rs 200 for all connection holders.
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In addition to this, the Cabinet also cleared the proposal to give 75 lakhs new LPG cylinder connections under the Ujjwala scheme, thus taking the total beneficiaries to more than 10 crores across the country, Information and Broadcasting Minister Anurag Thakur told media persons after the Cabinet briefing.
As of now, the price of domestic LPG, which is used in the kitchen for cooking purposes, is Rs 1,103 per 14.2-kg cylinder in New Delhi. This will now come down by Rs 200 per cylinder. Domestic LPG cylinder prices were last revised on March 1, when they were hiked by Rs 50 per cylinder.
The decision comes with Assembly elections scheduled in four states in December and Lok Sabha polls are to be held next year. Oil marketing companies (OMCs) have been reporting heavy under-recoveries due to a lack of hikes in the prices of domestic cooking gas.
Under the Ujjwala scheme, the government provided free LPG connections to women beneficiaries in rural households. The beneficiaries already get a Rs 200 subsidy and now there will be a further Rs 200 cut for all domestic LPG connection holders, Thakur said.
He further informed that the new connections are being given to those beneficiaries who have been added owing to the marriage of girls and issuance of new ration cards.
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