Prices of Liquefied petroleum gas (LPG) were on Thursday hiked by oil marketing companies.
The price of domestic LPG cylinder has been increased by Rs 25.50 per cylinder with effect from today and domestic cylinders weighing 14.2 kg will now cost Rs 834.50 in Delhi, sources told ANI.
"The price of 19 kg cylinder has also been increased by Rs 76 and will cost Rs 1,550 in Delhi," sources added.
After the hike, cooking gas would cost Rs 834.50 per 14.2 kg cylinder in Delhi and Mumbai as compared to the previous price of Rs 809 per cylinder.
The LPG prices have doubled in last 7 years. An LPG refill which cost Rs 410.50 per cylinder on March 1, 2014 now costs Rs 834.50, which is more than double.
The aforementioned price of Rs 834.50 in Delhi varies in accordance with state taxes elsewhere. The prices have been increased based on the international benchmark rate of LPG and the exchange rate of the US dollar and rupee.
At the beginning of 2021, the price of an LPG cylinder in Delhi was Rs 694. With the recent hike, the prices of LPG cylinders have increased by Rs 140.50 in 2021.
The news has further dismayed Indian citizens who are already struggling with a slow economy, rising unemployment and constantly increasing fuel prices.
Here's how people are reacting. Have a look.
With inputs from ANI.Common man hit: After hike in milk prices, LPG cylinder rates go up by Rs 25.50; effective from today
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