December 5, 2021

Dharmendra Pradhan on why LPG gas cylinder price hike. Union Minister Dharmendra Pradhan gave this reason for the rising prices of LPG gas


Dharmendra Pradhan, LPG Gas Price, lpg gas cylinder price, oil companies- India TV Hindi
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Union Minister for Petroleum and Natural Gas Dharmendra Pradhan

new Delhi. Union Petroleum Minister Dharmendra Pradhan’s statement came on Wednesday after a major increase in the price of gas cylinders twice in a fortnight of December. Union Petroleum Minister Dharmendra Pradhan has given the reason for the double increase in LPG gas prices. Union Minister Dharmendra Pradhan has said that LPG prices have increased this month. As prices rise in the international market, we also have to increase the price periodically. Consumption of LPG increases in cold, so the price increases as demand increases. It will decrease again in the coming months.

LPG cylinder became expensive by Rs 100 in December

Explain that for the second time in a fortnight of December, there has been a big increase in the price of gas cylinders. On Tuesday, the price of domestic cylinders has been increased by 50 rupees directly. Whereas earlier on December 2, the price of domestic gas cylinder had increased by Rs 50. On December 1, the domestic gas cylinder was 608 rupees. Domestic gas cylinders have increased by 100 rupees in less than 15 days. At the same time, the price of 19 kg commercial (commercial) gas cylinder has been increased by Rs 36 for the second time. In the last 15 days, a 19 kg commercial gas cylinder has become expensive by Rs 90.50.

Subsidies have been closed since May

Oil companies review the prices of LPG cylinders every month on the 1st. The tax varies from state to state and the price of LPG varies accordingly. Oil companies have increased the price of LPG gas cylinders by Rs 100 this month, but the situation regarding subsidy is unclear. Let us know that domestic gas consumers got gas subsidy till April but after subsidizing the prices of subsidized and non-subsidized gas cylinders in May, the gas subsidy has stopped, which is still intact. At present, gas cylinders have become expensive by Rs 100, but neither gas agency operators nor officials of Petroleum Corporation know when the subsidy will come to the consumers’ account.

Know why LPG gas subsidy is not available

Experts say that the government has not yet told the state-run oil companies whether consumers will get subsidy in December. Cooking gas subsidy for the government fell to Rs 1126 crore in the first half of this financial year from Rs 22635 crore in FY 2019-20. The reduction in oil prices and the rise in domestic refill rates led to a 28 per cent reduction in LPG subsidy in 2019-20. It was Rs 31,447 crore in 2018-19. Subsidies are not coming to the account of most consumers of cooking gas since May. The reason for this was that the reduction in oil prices internationally and the increase in the domestic refill rate made the price of subsidized cylinders and commercial cylinders equal.

This is how you can check LPG prices

To check the price of LPG cylinders, you have to go to the website of the government oil company. Companies here issue new rates every month. (https://iocl.com/Products/IndaneGas.aspx) On this link, you can check the price of the gas cylinders of your city.




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