LPG cylinder costlier by Rs.86

Non-subsidised domestic cooking gas refills became costlier by Rs.86 each and will cost Rs.737.50, after state-run fuel retailers raised prices in tune with the global trend. The steepest-ever increase in the price of cylinders in this category will affect households that have surrendered their subsidy or exhausted the quota of 12 subsidised cylinders in a year. Over one crore households have voluntarily given up the cooking gas subsidy, while households with annual incomes of Rs.10 lakh and above do not get a subsidy . Before the hike, non-subsidised cylinders cost Rs.651.50. Retailers also raised the price of subsidised cooking gas by 13 paise, to Rs.434.93 per 14.2-kg cylinder.

Rates have been on the upswing since October 2016. The price of a non-subsidised cylinder priced at Rs.466.50 in Delhi in September has risen by Rs.271 per bottle, or 58%, in six instalments. Earlier, subsidised cooking gas rates had gone up eight times of nearly Rs.2 per cylinder each.

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