Liquified Petroleum Gas cylinder price has been hiked on Monday after three months of cuts. Indian Oil Corporation, which is considered as the largest fuel supplier across the country, increases the price of LPG in June. A single-cylinder of non-subsidised LPG hiked up to Rs 37 in Metro cities.
The price of cylinder hiked by 11.50 per cylinder in Delhi, Rs 37 in Chennai, Rs 31.50 in Kolkata, Rs 11.50 in Mumbai. It will be the applicable price in the market from June 1. In a nutshell, now a non-subsidies Delhi residence will buy LPG cylinder with the cost of RS 593, Kolkata residence with Rs 616. In Mumbai, it will cost Rs 590.50 and at Chennai RS 606.50.
Amid lockdown, the LPG prices were falling down, as in international market price was dropping rapidly. This recent increase is quite marginal to balance the surge of LPG price of the last two months. But, this price hike will not impact the Pradhan Mantri Garib Kalyan Yojana. People will get free cylinder till June 30, who are registered under this scheme.