New Delhi: State-run gasoline retailers on Monday slashed the worth of non-subsidised liquefied petroleum fuel (LPG) offered in 19-kg cylinders for business use by ₹30.50 per refill. The transfer got here shut on the heels of presidency decreasing cooking LPG costs by ₹100 per 14.2-kg cylinder, benefiting 320 million households days earlier than the Lok Sabha ballot dates had been introduced.

Now, a non-subsidised 19-kg business fuel cylinder utilized in inns, eating places and for industrial purposes will value ₹1,764.50 in Delhi, ₹1,879 in Kolkata, ₹1,717.50 in Mumbai and ₹1,930 in Chennai, based on Indian Oil Corporation’s (IOC) newest pricing knowledge. Prices of the gasoline differ from place to position due to variations in native levies.

While costs of subsidised 14.2-kg LPG cylinders (utilized by households for cooking) remained unchanged, the worldwide fall within the worth of the gasoline will proportionately cut back authorities’s subsidy burden. After the March 8 price-cut announcement, subsidised 14.2-kg LPG cylinders are offered at ₹803 every in New Delhi for basic prospects and the identical is obtainable for ₹503 per cylinder to 102.7 million poor households lined underneath the Pradhan Mantri Ujjwala Yojana (PMUY).

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Last month on March 8, Prime Minister Narendra Modi introduced slashing cooking fuel worth for all prospects by ₹100 per 14.2 kg cylinder as an outreach on International Women’s Day. “Today, on Women’s Day, our Government has decided to reduce LPG cylinder prices by ₹100. This will significantly ease the financial burden on millions of households across the country, especially benefiting our Nari Shakti,” he stated in a tweet on that day.

PM’s announcement got here a day after the Union Cabinet sanctioned ₹12,000 crore to PMUY beneficiaries by extending ₹300 subsidy on each cooking fuel refill for yet another yr, as much as March 31, 2025. Unless given an extension, the subsidy scheme for poor households would have lapsed on Sunday, March 31.

Also Read: State-run oil firms fulfil 94% of goal to provide free LPG connections

Besides subsidised cylinders, PMUY beneficiaries additionally get free fuel connections. The scheme was launched by the Modi authorities in May 2016 to make LPG, a clear cooking gasoline, accessible to rural and disadvantaged poor households. It offers deposit-free cooking fuel connections to grownup girls from poor households.

India imports over 60% of its home LPG consumption. Prices of economic LPG within the nation is linked to its price within the worldwide market.