LPG price hiked by Rs 11.42; petro rates may go up
October 06, 2012  14:33

Cooking gas (LPG) price was today hiked by Rs 11.42 per cylinder following government decision to raise commission paid to the dealers.  

 

Petrol and diesel prices too may go up marginally as the Oil Ministry considers raising dealers commission by at least 23 paisa and 10 paisa a litre respectively.    

 

The ministry yesterday issued orders raising commission paid to LPG dealers from Rs 25.83 per 14.2-kg cylinder to Rs 37.25, government officials said.  The 44 per cent or Rs 11.42 per cylinder increase in the commission on the subsidised cooking fuel is being passed on to consumers, they said.   

 

For the consumer, subsidised LPG in Delhi will now cost Rs 410.42 per cylinder, up from Rs 399.    

 

The hike comes within weeks of the government deciding to restrict supply of subsidised cooking gas to 6 cylinders of 14.2-kg size per household in a year. The remaining supplies would have to be sourced at market rates.    

 

Officials said the commission paid on market price or non-subsidised LPG too has been raised by Rs 12.17 to Rs 38 per cylinder. Accordingly, a non-subsidised LPG cylinder price will go up from Rs 883.5 to Rs 921.5.

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