Subsidised LPG price hiked by Rs 2.07 per cylinder

Photo of domestic Indian cooking gas cylinder.

New Delhi: The domestic oil marketing companies (OMC) today hiked the prices of subsidised LPG by Rs 2.07 per cylinder; interestingly this is the seventh increase in the past six months in cooking gas price.

On other hand, the Aviation turbine fuel (ATF) or jet fuel price was today reduced by 3.7 per cent,

ATF or jet fuel price was cut (rpt) cut by Rs 1,881 per kilolitre (kl), or 3.7 per cent, to Rs 48,379.63 per kl in Delhi.

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The reduction in ATF comes after two rounds of hikes, the last one being on November 1 by a steep 7.3 per cent.

The rate of subsidised LPG rate was hiked and now it will cost Rs 432.71 per 14.2-kg cylinder as against Rs 430.64 previously.

This is the seventh increase in price from July when the government decided to go for small hikes of up to Rs 2 per bottle.

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LPG rates were last hiked on November 1 by Rs 2.05 per cylinder. Prior to that rate was hiked on October 28 by Rs 1.5 per cylinder on account of hike in commission paid to dealers.

The price of non-subsidised cooking gas (LPG), which consumers buy after exhausting quota of 12 cylinder of 14.2-kg each per household in a year, was hiked by Rs 54.5 to Rs 584.

The hike in prices comes on the back of Rs 37.5 hike on November 1.

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