LPG Price Today: BAD News! Govt hikes cooking gas price; check new price that you will have to pay from today

LPG Price Today: After leaving the LPG gas price unchanged on 1st February 2021, the government has decided to increase the non-subsidized LPG cylinder price by Rs 25. The new rates have become effective from today i.e. 4th February 2021. Now, a LPG cooking gas cylinder user in New Delhi will have to pay Rs 719 instead of Rs 694. Now, the LPG price in Lucknow has become Rs 757 from Rs 732, LPG price in Noida will become Rs 717 instead of Rs 692. The Government has also increased the commercial (19 kg) LPG cylinder price from Rs 1349 to Rs 1533 — an increase of Rs 184 per LPG cylinder price.  

LPG price in metros

After this LPG price rise, LPG gas price in New Delhi has become Rs 719, LPG price in Kolkata is Rs 745.50 now, LPG cylinder price in Mumbai has become Rs 719 while LPG gas price in Chennai has now become Rs 735 per cylinder. LPG price in Bengaluru has become Rs 722, LPG price in Chandigarh will be Rs 728.50 while the cooking gas cylinder users in Hyderabad will have to pay Rs 771.50 per LPG cylinder price.

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LPG price in Gurgaon will remain Rs 728 , LPG gas price in Jaipur will be Rs 723 while Patna residents will have to pay Rs 792.50 for single LPG gas cylinder price.

In December 2020, oil companies had increased LPG prices twice and in January 2021, they kept the LPG price unchanged. So, in February 2021, it was expected that oil companies would increase LPG prices.

LPG Price in India is determined by the state-run oil companies and is revised on a monthly basis. Almost all the households in India have a LPG connection and it is mainly used for cooking purposes. An increase in LPG prices will affect the common man in general as they have to bear the brunt of the rising fuel prices in the current market scenario. The best part of it is that the government of India is currently providing subsidy on the sale of domestic LPG cylinders to the consumers. The subsidy amount is directly credited to the individuals bank account after the purchase of the cylinder.

The subsidy amount varies every month and is dependent on the changes in the average international benchmark LPG prices added with the foreign exchange rate.