LPG Price Hike: Surge in Cylinder Costs Across Major Indian Cities
Effective Today, LPG Cylinders Witness Price Increase
In a significant move, the prices of Liquefied Petroleum Gas (LPG) cylinders have been revised upward, effective today. The price hike affects major Indian cities, including Delhi, Mumbai, Kolkata, and Chennai.
Impact on Household Budgets
The price increase is expected to impact household budgets across the country.
LPG is widely used for cooking and heating purposes in Indian households. The price hike will put an additional burden on families, especially those from lower-income groups.
City-Wise Price Changes
The table below outlines the revised LPG cylinder prices in major Indian cities:
| City | New Price |
|---|---|
| Delhi | ₹1,053.50 |
| Mumbai | ₹999.50 |
| Kolkata | ₹995.50 |
| Chennai | ₹1,026 |
Reasons for the Hike
The reasons behind the LPG price hike are primarily attributed to:
- Rising global crude oil prices
- Weakening Indian rupee
- Increased demand for LPG during winter months
International factors, such as geopolitical tensions and supply chain disruptions, have also contributed to the higher costs.
Government Measures
To mitigate the impact on consumers, the Indian government has implemented several measures, including:
- Subsidies for low-income households
- Promotion of alternative fuels, such as piped natural gas
- Exploring long-term solutions to reduce LPG dependency
The government has also urged LPG distributors to ensure adequate supply and prevent artificial shortages.
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