DNA India
Non-subsidized liquefied petroleum gasoline (LPG) costs had been hiked by Rs 25 on March 1, 2021. Ahead of March 1, the value of non-subsidized LPG is set at Rs 819 per cylinder in line with the Indian Oil Corporation. Indian Oil, the nation’s largest gasoline retailer, provides LPG below the model Indane.
In February 2021, LPG prices were hiked almost three times. The hike in LPG cooking gas rates comes at a time when the prices of petrol and diesel have touched all-time highs across the four metro cities. Amid a surge in global crude oil prices, oil marketing companies increased the fuel rates across all metros.
The prices of LPG cylinders in the country, both cooking and commercial, are determined by the state-run oil marketing companies. As per the current rules, the government subsidies a total of 12 cylinders of 14.2 kilograms each per household every year.