LPG Price Hike: Along with expensive oil, now the burden of inflation of LPG has also increased on the common people. Oil marketing companies have increased the prices of Liquefied Petroleum Gas (LPG) on Thursday, July 1. The price of domestic LPG cylinders has been increased by Rs 25.50 per cylinder today and after this hike, 14.2 kg domestic cylinders in the capital Delhi will cost Rs 834.50. According to the information, not only 14.2 kg, but 19 kg cylinders will also have to pay more because their prices have been increased by Rs 76. That is, for a cylinder of 19 kg, now Rs 1550 will have to be paid in Delhi. In the last seven years, the cost of LPG refill has doubled.
Strict rules can be made if Indian vaccine is not approved, even European Union vaccination will not be valid in India
LPG price doubled in last seven years
How much the inflation of domestic gas has hit the common people can be gauged from the fact that the prices of LPG have doubled in the last seven years. The cost of LPG refill was Rs 410.50 on 1st March 2014, which has now increased to Rs 834.50 as on 1st July 2021, which is more than double. At the beginning of this year, the price of refilling an LPG cylinder in Delhi was Rs 694 i.e. this year it has become costlier by Rs 140.50 to refill LPG cylinder.
Price is different in every state
For LPG cylinder refill in the capital Delhi, now Rs 834.50 will have to be paid, but in other states it may be less or more because it depends on the state tax. Oil marketing companies have increased the LPG based on the international benchmark rate and the exchange rate of US dollar and rupee. The prices of LPG cylinders are revised at the beginning of every month, although this is not necessary because earlier the price revision was done in April.
(Source: news agency ANI)
Get Business News in Hindi, latest India News in Hindi, and other breaking news on share market, investment scheme and much more on Business Khabar. Like us on Facebook, Follow us on Twitter for latest financial news and share market updates.
.