Subsidised LPG rate hiked by Rs 2.08 per cylinder: Indian Oil Corporation

By Sarkaritel February 28, 2019 20:51

Rs 90,000 cr liquidity injection a breather for power gencos 0 20.May
PFC H1 PAT UP 16% at Rs. 2728 crore 0 02.Nov
Minister for Heavy Industries dedicates BHEL’s indigenously-developed, India’s first Coal to Methanol Pilot Plant to the Nation as part of Azadi Ka Amrit Mahotsav 0 16.Jan

28^thFebruary, 2019, New Delhi: There is a marginal increase of Rs. 2.08 per cylinder (from Rs. 493.53 in February 2019 to Rs. 495.61 in March 2019) in the effective price of Subsidized LPG cylinder in Delhi for domestic customers for the month of March 2019.

While the price of Non-Subsidized LPG at Delhi will increase by Rs. 42.50 per cylinder in March 2019 mainly due to change in international price and foreign exchange fluctuations, the actual impact on subsidized domestic LPG customers is only Rs. 2.08 per cylinder, which is mainly due to GST on the above. The subsidy transfer in customers’ bank account has been increased to Rs. 205.89 per cylinder in March 2019 as against Rs. 165.47 per cylinder in February 2019. Thus the domestic subsidized LPG customer is protected against the increase in prices of LPG.