New Delhi: The price of non-subsidised cooking gas liquefied petroleum gas (LPG) was hiked by a steep Rs86 per cylinder on Wednesday, reflecting international trends. The hike, steepest in the history, comes on back of Rs66.5 per cylinder increase effected from 1 February. A non-subsidised LPG cylinder was priced at Rs466.50 in Delhi in September and has risen by Rs271 per bottle or 58% in six instalments. Prior to these two marginal price hikes, subsidised cooking gas rates had gone up eight times of nearly Rs2 per cylinder each. “Thus, there will be no net impact of the increase in price of non-subsidised cylinder on the LPG consumers receiving subsidised refills,” it added.

Source: Mint March 01, 2017 15:56 UTC