All those who have given up subsidies on LPG cylinder need to worry as the price of non-subsidised LPG in Delhi will increase by Rs 59 per cylinder from tomorrow. The Indian Oil Corporation has attributed the hike in LPG to the change in international price and foreign exchange fluctuations.
The subsidy transfer in customers’ bank account has been increased to Rs. 376.60 per cylinder in October 2018 as against Rs. 320.49 per cylinder in September 2018. “Thus the domestic subsidized LPG customer is protected against the increase in prices of LPG,” it said.
State-run oil marketer, Indian Oil Corporation (IOC), on Sunday also announced a marginal increase of Rs 2.89 per cylinder in the price of subsidized LPG cylinder for domestic customers in Delhi for October which is mainly due to GST.