Non-subsidised LPG cylinder prices hiked from today

DY365
DY365
Published: June 1,2020 02:31 PM
DY365

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June 1, 2020: LPG cylinder rates have been hiked from Monday after three consecutive months of cuts.

June 1, 2020: LPG cylinder rates have been hiked from Monday after three consecutive months of cuts. The price of a single cylinder of non-subsidised LPG has been hiked by up to Rs 37 in metro cities.



Indian Oil Corporation, one of the country's largest fuel supplier, cited an increase in the international price of LPG for the month of June and added that the price in Delhi has been increased by Rs 11.50 per cylinder; Rs 37 in Chennai; Rs 31.50 in Kolkata and Rs 11.50 in Mumbai. The prices come into effect from June 1.



LPG rates are revised at the beginning of each month, taking into consideration international prices and the dollar-rupee exchange rate.



LPG prices had been falling for the last few months due to a sharp drop in international prices and in India, prices were cut sharply for three consecutive months.



However, the price hike will not impact beneficiaries covered by the Pradhan Mantri Garib Kalyan Yojana, who will get free cylinder till June 30.