 |
The price of domestic Liquefied Petroleum Gas (LPG) cylinders has been increased across India with effect from Saturday, March 7, adding to the financial burden on households and businesses. According to sources, the cost of a standard 14.2-kg household cooking gas cylinder has been raised by Rs 60.
Following the latest revision, the price of a 14.2-kg non-subsidised domestic LPG cylinder in Delhi has increased to Rs 913, up from the earlier price of Rs 853. The hike comes as part of periodic adjustments made by oil marketing companies in response to global energy price trends and other market factors.
In addition to domestic cylinders, the price of commercial LPG cylinders has also been increased. A 19-kg commercial LPG cylinder, commonly used by hotels, restaurants and small food businesses, has become costlier by Rs 115. The increase is expected to raise operating costs for many businesses in the hospitality and food service sector.
Despite the price hike, beneficiaries of the Pradhan Mantri Ujjwala Yojana will continue to receive a subsidy of Rs 300 per cylinder. The scheme, launched by the Government of India to provide clean cooking fuel to economically weaker households, aims to reduce the financial burden of LPG usage for eligible families.
Industry observers say the revision in LPG prices is partly linked to fluctuations in global crude oil and gas prices. Tensions and conflicts in the Middle East, including the ongoing situation involving Iran, have contributed to uncertainties in international energy markets. Since India imports a significant portion of its LPG requirements, changes in global supply and transportation costs often influence domestic pricing.
The latest increase is likely to impact both household budgets and commercial establishments across the country, especially at a time when many families and small businesses are already dealing with rising living and operational costs. Oil marketing companies periodically review LPG prices based on international benchmarks, exchange rates and transportation expenses.
The price revision has once again sparked discussions on fuel affordability and the broader impact of global geopolitical developments on domestic energy costs in India.
