India Witnesses Hike in Commercial LPG Prices Amid Fuel Security Concerns
मुख्य बातें
- •The price of commercial LPG cylinders in India has been increased by Rs 42 to Rs 53.50 per cylinder, effective from June 1.
- •The price hike applies only to commercial LPG cylinders used by hotels, restaurants, and businesses, with no change in the price of domestic cooking gas cylinders.
- •The government has directed state-run oil marketing companies to maintain LPG reserves equivalent to at least 30 days of demand.
- •The Centre is exploring the expansion of crude oil storage facilities and advising states and Union Territories to remain vigilant against fuel hoarding.
- •Over 6,500 raids have been conducted on LPG operations in recent days, resulting in multiple FIRs and arrests, as part of the government's efforts to prevent hoarding and black marketing of fuel.
The prices of commercial LPG cylinders in India have been increased, effective from June 1, amidst concerns over fuel supply security and efforts to strengthen LPG reserves. The price hike, ranging from Rs 42 to Rs 53.50 per cylinder, applies only to commercial LPG cylinders used by hotels, restaurants, and businesses. In Delhi, the price of a 19-kg commercial LPG cylinder has been raised by Rs 42, taking the retail price to Rs 3,113.50. Similarly, in Kolkata, the increase is steeper at Rs 53.50, pushing the price of a commercial cylinder to Rs 3,255.50.
