New Year's Eve Gift to Delhi: LPG Gas Cylinder Prices Reduced by Rs 120.50 For Unsubsidised Consumers
Price of non-subsidised LPG gas cylinder have been reduced by Rs 120.50, where as the price of subsidised LPG cylinder is reduced by Rs 5.91 respectively.
New Delhi, December 31: The people of Delhi have received the new year gift a day in advance as new LPG prices have been announced in Delhi by the Central Government. Price of non-subsidised LPG gas cylinder have been reduced by Rs 120.50, where as the price of subsidised LPG cylinder is reduced by Rs 5.91 respectively. The new prices will come in effect from tomorrow, January 1, 2019.
This is the second straight reduction in LPG prices within a month. Earlier, in a major relief to people, the price of domestic cooking gas (LPG) was cut by Rs 6.52 per cylinder on December 1, 2018. The price cut came after six consecutive monthly hikes in rates since June, was on account of tax impact on the reduced market rate for the fuel.
The price of an LPG cylinder had gone up by Rs 14.13 per cylinder since June before it was slashed on Friday. Subsidised LPG rates were last hiked by Rs 2.94 per cylinder with effect from November 1.
(The above story first appeared on LatestLY on Dec 31, 2018 07:25 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).