Hyderabad: The Central government has hiked the price of LPG cylinders. A cylinder weighing 14.2 kilograms now costs Rs 912 in Hyderabad. This is a hike of Rs 25 from the previous price of Rs 887. The price hike comes at a time when petrol and diesel prices have drastically shot up across the country.
Normally, the Oil Marketing Companies announce prices of cooking gas at the beginning of every month, this time the hike was announced in mid-August. In July, the price increased from Rs 861 to Rs 887, even though April saw a decrease of Rs 10 from Rs 871 to Rs 861.
While the LPG rates across the country are uniform, the government does grant subsidies to economically weaker sections. This subsidy is not available in major metropolises and other large cities. The state-run oil companies and fluctuation rates at the international level determine the price of the cylinders.
Owing to local taxes imposed by various state governments, the price of cooking gas varies from state to state. The price of LPG cylinders is revised every month and additional charges are implemented on the first of every month.
The government provides 12 cylinders to every household per year with each weighing 14.2 kilograms.
