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Monday, April 3, 2017

2017 Subsidised and Non Subsidised LPG Price Revision Sunday April 02,2017

The rates of subsidised LPG were hiked by Rs5.57 per cylinder.

Oil firms, however, raised price of subsidised cooking gas by Rs5.57 to Rs440.5 per 14.2-kg cylinder. This hike came as the state-owned oil firms on previous two occasions—1 February and 1 March —did not effect any significant raise in prices in view of assembly elections in states like Uttar Pradesh.
Prior to that, they had raised rates by nearly Rs2 per cylinder for eight months in line with government decision to cut subsidises through calibrated increases every month

Simultaneously, price of non-subsidised LPG, bought by those who have either given up their subsidies or exhausted the quota of 12 bottles of 14.2-kg in a year at below market price, was cut to Rs723 per 14.2-kg cylinder from Rs737.50. The reduction comes on back of a steep Rs86 per cylinder hike in rates from 1 March 

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