HomeBusinessNo subsidy on LPG cylinder since May, will be received this December?

No subsidy on LPG cylinder since May, will be received this December?

Oil marketing companies have released the domestic LPG price for the month of December. There was no change in the prices of non-subsidized LPG cylinders from July to November. This month, IOC has increased the price of 14.2 kg cylinder without subsidized gas from Rs 594 to Rs 644, while customers have not been getting subsidy since May this year. Actually from May this year, the price of subsidized and non-subsidized LPG cylinders had become one. Because of this people were not getting subsidy. Since there is a big change in the rate this month, the subsidy on domestic gas will definitely come in your account this time.

Read also: 7 crore customers will have direct impact on LPG subsidy, know what the Modi government is saying

Subsidy cut continuously for last one year

Due to continuous reduction in subsidy on LPG cylinders in the last one year, during this period subsidized cylinder has become expensive by Rs 100 and the subsidy has come down to zero. The market price of 14.2 kg LPG cylinder in the national capital Delhi in July last year, ie the price of non-subsidized cylinder was Rs 637, which came down to Rs 594.

Last 12 months rate of non-subsidized LPG

Month Delhi Kolkata Mumbai Chennai
1 December 2020 644 670 644 660
1 November 2020 594 620.5 594 610
1 October 2020 594 620.5 594 610
1 September 2020 594 620.5 594 610
1 August 2020 594 621 594 610.5
1 July 2020 594 620.5 594 610.5
1 June 2020 593 616 590.5 606.5
May 1, 2020 581.5 584.5 579 569.5
1 April 2020 744 774.5 714.5 761.5
March 1, 2020 806 839.5 776.5 826
February 12, 2020 858.5 896 829.5 881
1 January 2020 714 747 684.5 734

Source: IOC

Read also: Check whether LPG cylinder subsidy came this month or not

Explain that in July 2019, subsidized LPG cylinder was Rs 494.35 and subsidized cylinder was Rs 637. In October 2019, the subsidized became Rs 517.95 and the non-subsidized was Rs 605. In January this year, the price of subsidized cylinder increased to Rs 535.14 and the price of non-subsidized cylinder to Rs 714. In April, the price of subsidized cylinders rose to Rs 581.57 and the price of non-subsidized to Rs 744.

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