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

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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.