State-owned petroleum companies on Wednesday hiked the price of non-subsidised cooking gas cylinders by Rs. 220 a piece. A cylinder will now cost Rs. 1,241 in Delhi. The government subsidises nine cylinders a year for each household. Families requiring more cylinders will have to buy them at market rates.
Third hike in a month
This is the third time in a month the price of non-subsidised cooking gas cylinders is being increased.
The decision to go ahead with the hike was taken as international prices are on an uptrend.
On December 11, the government also increased by Rs. 3.51 per cylinder the commission for LPG dealers and distributors.
The state-owned petroleum companies revise prices of cooking gas cylinders on the 1st of every month, based on the average imported cost and the rupee-dollar exchange rate during the previous month.
