Weeks before polls, LPG price cut by Rs 100

Non-subsidised cooking gas price will be cut to Rs 803 per 14.2-kg cylinder in the national capital with effect from midnight of Friday/Saturday

PTI

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  • The reduction has been made possible because of easing of international oil and gas prices, against which domestic fuel rates are benchmarked

New Delhi, 8 March

 

Weeks before general elections, Prime Minister Narendra Modi on Friday announced a Rs 100 per cylinder cut in cooking gas LPG price to ease financial burden on households. Non-subsidised cooking gas price will be cut to Rs 803 per 14.2-kg cylinder in the national capital with effect from midnight of Friday/Saturday, official sources said.

 

Prices vary from state to state depending on the incidence on local taxes. The reduction has been made possible because of easing of international oil and gas prices, against which domestic fuel rates are benchmarked. However, no change in petrol and diesel prices was announced. Petrol and diesel prices continue to be on freeze for a record 23 months now.

 

All LPG consumers in the country buy cooking gas at non-subsidised prices. Some like the poor women who got free connections under the Ujjwala Yojana, and consumers in remote and far-flung areas are paid a fixed amount of subsidy per refill in their bank accounts.

 

"Today, on Women's Day, our Government has decided to reduce LPG cylinder prices by Rs 100. This will significantly ease the financial burden on millions of households across the country, especially benefiting our Nari Shakti," Modi said in a post on X.

 

This is the second reduction in cooking gas prices in six months. Rates were cut by Rs 200 per cylinder in late August ahead of assembly elections in five states, including Madhya Pradesh and Rajasthan. That revision brought down the prices from a nine-year high of Rs 1,103 per 14.2-kg cylinder to Rs 903 and now the rate has been cut to Rs 803.

 

"By making cooking gas more affordable, we also aim to support the well-being of families and ensure a healthier environment. This is in line with our commitment to empowering women and ensuring 'Ease of Living' for them," the Prime Minister said.

 

For the beneficiaries of Pradhan Mantri Ujjwala Yojana (PMUY), who get Rs 300 per cylinder subsidy, a 14.2-kg LPG cylinder will now cost Rs 503 in the national capital. "Ujjwala beneficiaries will now get LPG cylinders for only Rs 503 and (other) consumers will get it only for Rs 803," Oil Minister Hardeep Singh Puri said in a post on X.

 

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