LPG gas cylinder price in December: Know rates you have to pay now for your cooking fuel after hike

LPG gas cylinder is a blessing. However, whenever there is a LPG cylinder price hike, every housewife is worried about how to balance the payments on food and fuel. With food and vegetable inflation hitting everyone, another thing that has been added  to the list is LPG gas cylinder. In the biggest hike in a single month, oil companies have raised cooking gas prices by as much as Rs 100 in December. The LPG gas cylinder price hike was effected by Rs 50 for the 14.kg cylinder twice over the fortnight.

So what is the LPG gas cylinder price now? According to Indian Oil Corporation, a non-subsidised 14.2 kg gas cylinder in Delhi and Mumbai will now be priced at Rs 694, while in Kolkata it will be Rs 720.50. Down in South India, specifically Chennai, it will be Rs 710. LPG gas cylinder price hike has been made effective from December 15. 
Alongside an increase in the price of 14.2-kg LPG gas cylinders, rates of the 5-kg cylinders were increased by Rs 18 and those of the 19-kg cylinders by Rs 36.50.

Households in India are allowed a maximum of 12 LPG cylinder purchases per year at subsidized rates. Cylinders have to be bought at full price at the time of purchase, and the subsidy is credited to the customer's bank account by the government.

LPG prices are revised on the 1st and 16th of every month based on the average rate of benchmark international fuel and foreign exchange rate in the preceding fortnight.

Households in India are allowed a maximum of 12 LPG cylinder purchases per year at subsidized rates. Cylinders have to be bought at full price at the time of purchase, and the subsidy is credited to the customer's bank account by the government.
With the winter season setting in northern India especially, the use of LPG gas cylinders is only going to increase and that is going to add to a family's fuel bill. 
 

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