After Slashing Domestic LPG Cylinder Price, Centre Reduces Commercial LPG Price By Rs 158

The price of 19-KG commercial LPG gas cylinders by Rs 158. The new prices will be effective from today.

The price of 19-KG commercial LPG gas cylinders by Rs 158. The new prices will be effective from today

Source : PTI

Days after the Centre reduced the price of domestic LPG, Public Sector Oil Marketing Companies (OMCs), slashed the price of 19-KG commercial LPG gas cylinders by Rs 158, news agency ANI reported, citing sources. The new prices will be effective today, and Delhi’s retail sales price of a 19kg commercial LPG cylinder will be Rs 1,522. 

Earlier, on the eve of Raksha Bandhan, the price of Domestic LPG was reduced by Rs 200 by the central government as a gift to women of the country. The price revisions for both commercial and domestic LPG (liquefied petroleum gas) cylinders take place on the first day of each month.

Earlier in August, the prices of commercial LPG cylinders were slashed by Rs 99.75 by the OMCs. In July, the prices of commercial LPG gas cylinders were increased by Rs 7 each. Before this hike, there had been two consecutive price cuts for commercial LPG cylinders which were in May and June this year. While in May OMCs reduced the price of a commercial LPG cylinder by Rs 172, in June it was reduced by Rs 83.

After the Centre slashed the price of LPG cylinders by Rs 200 ahead of the festive season, Opposition parties sharply reacted to the decision. Congress leader Bhupinder Hooda on Wednesday took a swipe over the decision and said that this is just 'loot badi chhoot chhoti' (big loot and small relief). He further said that in 2014, the rate (of LPG) was Rs 400. It is now Rs 1100. “In 2014, the rate (of LPG) was Rs 400. It is now Rs 1100 , which will be slashed by Rs 200. This is just 'loot badi chhoot chhoti' (big loot and small relief),” Hooda said, as quoted by news agency PTI.

Rajya Sabha MP Kapil Sibal said that when the BJP was in the Opposition, it used to scream over the prices of LPG cylinders. "I must congratulate the PM for at last thinking of giving a gift to the women on the occasion of Raksha Bandhan. Secondly, when they (BJP) were in the opposition, they used to scream over the prices of LPG cylinders, which were at Rs 450-460 back then," Sibal said, as quoted by PTI.

Congress leader Digvijaya Singh said that as the elections draw near, the prices of fuel will also get reduced. "First increase the price from Rs 400 to Rs 1,180, then slash it by Rs 200. As the election nears, fuel prices will also get reduced," Digvijaya Singh said, as quoted by PTI.