Picture for illustration. (Photograph: Reuters)
In Uttar Pradesh’s Agra, now a 14 kilogram home LPG cylinder can be out there for Rs 732 as a substitute of Rs 707.
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- Final Up to date: February 04, 2021, 10:22 IST
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Authorities-owned oil firms have elevated the speed of LPG, thus rising the costs of cooking fuel cylinders and industrial cylinders. The value of the home fuel cylinder has elevated by Rs 25 and the brand new charges can be relevant from right now, February 4. In Uttar Pradesh’s Agra, now a 14 kilogram home LPG cylinder can be out there for Rs 732 as a substitute of Rs 707. In Bihar’s Patna, the identical cylinder will price Rs 817.50 after a rise of Rs 25. Though the value of home fuel cylinders has elevated, there’s a lower of Rs 6 within the worth of business LPG cylinders. Weighing 19 kg, these cylinders could be bought for Rs 1566 as a substitute of Rs 1572.
On February 1, the value of business LPG cylinders was elevated by Rs 190. Nevertheless, there was no change within the fee of home cooking fuel cylinders on that day.
Beforehand, the value of home fuel cylinders has elevated twice in December. Each instances, there was a rise of Rs 50 within the worth of the 14 kg cylinder. From Rs 657 per cylinder, the value had gone as much as Rs 707 per cylinder in December. The value of business fuel cylinders has additionally been always rising. Within the month of October, industrial cylinders have been out there for Rs 1198, nevertheless in November, the value jumped to Rs 1274 in November. Within the month of December, the price of industrial cylinders was Rs 1365.50.
This worth rise comes after a lower within the petroleum subsidy was additionally declared by Finance Minister Nirmala Sitharaman within the finances 2021-22. As per a report within the Deccan Herald, a sum of Rs 12,995 crore has been designated to supply petroleum subsidy this 12 months. Within the earlier 12 months, the finances for petroleum subsidy was Rs 40,915. The decreased subsidy quantity together with a rise within the worth will make it tougher for the 20 crore cooking fuel cylinders’ customers to avail the companies.