On the first day of the new month, the pockets of the common man have been hit. In fact, state-owned oil companies have once again increased the prices of LPG cylinders.
Indian Oil Corporation (IOC), the country’s largest state-owned oil company, has hiked the price of a 19-kg commercial gas cylinder by Rs 73.5 per cylinder. Following the hike in cylinder prices, the price of a 19 kg commercial gas cylinder in the national capital has gone up from Rs 1,550 to Rs 1,623 per cylinder.
In fact, state-owned oil companies have hiked only commercial cylinder prices this month, while domestic LPG prices remain unchanged.
It may be recalled that in July last year, oil companies had hiked the price of domestic LPG cylinders by Rs 25.50. In Delhi, the price of a 14.2 kg non-subsidized LPG cylinder is fixed at Rs 834.50. In Kolkata, the price of a LPG cylinder is Rs 861, while in Mumbai it is Rs 834.50 per cylinder.