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With the beginning of the festive season, government oil marketing companies (IOCL, BPCL, HPCL) have kept the new prices of gas cylinders effective on October 2. This month, oil companies have increased the prices of 19 kg commercial LPG cylinders by up to ₹ 71.50 per cylinder. However, there is no impact on the budget of common housewives and domestic kitchens as there has been no change in the prices of 14.2 kg domestic LPG gas cylinder and the rates are completely stable.
This increase in the prices of commercial gas will have a direct impact on hotels, restaurants, dhaba operators and traders involved in the catering business, because the cost of eating out may increase slightly on the occasion of festivals.
Following the price hike of 19 kg blue commercial cylinder, the latest rates in major metros are as follows:
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New Delhi: Now the price of commercial cylinder in Delhi has increased by ₹ 62.50. ₹2,810 per cylinder (earlier it was ₹ 2,747.50).
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Mumbai: This cylinder is now available with an increase of ₹ 63 in the financial capital Mumbai. ₹2,764 Is available.
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Kolkata: Price of commercial LPG cylinder increased in Kolkata ₹2,954 Has reached the level of.
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Chennai: New price in Chennai after increase of ₹66.50 ₹2,983 per cylinder.
The new rates have also come into effect in other cities of North India including Uttar Pradesh and Bihar:
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Lucknow: 19 kg cylinder now costlier by ₹ 62.50 in Lucknow, the capital of Uttar Pradesh ₹2,932.50 Has reached.
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Patna: The highest increase of ₹ 71.50 has been recorded in Patna, Bihar, after which the price of commercial cylinder has increased. ₹3,100.50 Has occurred.
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Ahmedabad: Price of 19 kg cylinder in Ahmedabad, Gujarat ₹2,831.50 Has been registered.
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Leh (Ladakh): New rate in difficult area Leh ₹3,450 per cylinder.
There is no change in the prices of 14.2 kg red domestic LPG cylinder. The matter of relief for common domestic consumers is that cooking gas is available at the old rates during the festival months:
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New Delhi: ₹942.00 per cylinder
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Mumbai: ₹941.50 per cylinder
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Chennai: ₹957.50 per cylinder
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Kolkata and Lucknow: The previous rates apply based on local VAT and transport freight.
Apart from this, the subsidy of ₹ 300 per cylinder given by the Central Government to the eligible beneficiary families under the Pradhan Mantri Ujjwala Yojana (PMUY) will continue to be received in their bank accounts through DBT as before.
The prices of LPG gas cylinders in India are decided on the basis of crude oil rates in the international market and Import Parity Price. Indian Oil, Bharat Petroleum and Hindustan Petroleum review these rates at the beginning of every month. Fluctuations in the international energy market and the exchange rate of the Indian rupee against the US dollar have a direct impact on these prices.