Price of non-subsidised LPG cylinder hiked by Rs. 86
Price of non-subsidised LPG cylinder hiked by Rs. 86
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The price of non-subsidised cooking gas (LPG), which customers buy after consuming their quota of subsidized cylinders, was hiked by a steep Rs 86 per bottle Wednesday on firming international rates.

Non-subsidised LPG, bought by those who have either given up their subsidies or exhausted the quota of 12 bottles of 14.2-kg in a year at below market price, will now cost Rs 737.50. It was priced at Rs 651.50 per 14.2-kg cylinder till yesterday, according to state-owned oil companies.

An official statement said the increase in non-subsidised LPG rates were in "line with the rise in global LPG product prices. However, there will be no impact on the LPG consumers receiving subsidized refills."

Giving an illustration, it said the consumer will pay Rs 737 for a new refill in Delhi and will receive subsidy amount of Rs 303 in his/her account and the net price for the consumer will be Rs 434, which remains unchanged.

Thus, there will be no net impact of the increase in the price of a non-subsidized cylinder on the LPG consumers receiving subsidized refills.

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