There has been a huge increase in the prices of LPG gas cylinders across the country. Soon after the elections were over in many states including West Bengal and Assam, there has been a sudden rise in the prices of commercial LPG cylinders (19 kg) and 5-kg LPG cylinders. From May 1, state-owned oil companies have increased the price of commercial LPG cylinders by ₹993 and that of 5-kg cylinders by ₹261.
Following this hike, the price of commercial LPG cylinders in cities like Delhi and Mumbai—and elsewhere too—has now crossed ₹3,000. However, giving relief to the general public, oil companies have not increased the prices of domestic LPG cylinders (14.2 kg). According to ANI, after the price hike of 19-kg cylinders, the price of a commercial cylinder in Delhi has increased to ₹3,071.50. There has been an increase of ₹993 per cylinder since May 1, as its price on April 1 was ₹2,078.50.
Modi government took a big step regarding LPG!
As a result of this price hike, bills for hotels and restaurants across the country are expected to increase. Apart from this, prices of other food items may also increase. Additionally, the cost of street food may also increase, with prices ranging from tea to samosas potentially increasing.
What is the price of a 5-kg cylinder now?
According to sources, from today, the price of 5-kg Free Trade LPG (FTL) cylinders has also been increased by ₹261 per cylinder. The price of this 5-kg cylinder has now increased from ₹549 to ₹810. This variant with a 5-kg cylinder was specifically designed keeping in mind the needs of the working class.
Domestic cooking gas prices
While the price of commercial LPG has increased, there has been no change in the price of domestic cooking gas, according to an ANI report. The last increase in domestic cooking gas prices took place on March 7 this year. Currently, the price of cooking gas in Delhi is ₹913. In Mumbai, a 14.2 kg cooking gas cylinder costs ₹912.50. In Chennai, a 14.2 kg cylinder costs ₹928.50, while in Kolkata a cylinder costs ₹939.
Impact of Iran-America tension
It is worth noting that due to tensions between the US and Iran, the Strait of Hormuz—a route through which India has historically received large quantities of gas and oil—is currently closed. Due to the closure of this route, the supply of gas and oil has decreased, due to which India has had to increase its imports from different alternative sources. As a result, prices have increased and pressure on the supply chain has increased. Due to this situation gas prices have increased.
