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Home LPG value elevated by Rs 50 per unit in fourth hike this yr

The value of home liquefied petroleum fuel cylinders weighing 14.2 kilograms was elevated by Rs 50 per unit throughout India on Wednesday, ANI reported.

With this, a home LPG cylinder will now price Rs 1,053 in Delhi, in response to the Indian Oil Company web site. The costs of a 14.2-kilogram cylinder in Mumbai, Kolkata and Chennai are actually Rs 1,052.50, Rs 1,079 and Rs 1,068.50, respectively.

This was the third hike in LPG charges since Might and the fourth one this yr, PTI reported. In Might, the value was elevated by Rs 3.50 per cylinder.

In all, home LPG costs have gone up by Rs 244 per cylinder since June 2021.

In the meantime, the value of 19-kilogram industrial LPG cylinders has been reduce by Rs 8.5 per litre from Wednesday. With the value discount, a industrial LPG cylinder will price Rs 2,012.50 in Delhi, Rs 1,972.50 in Mumbai, Rs 2,132 in Kolkata and Rs 2,177.50 in Chennai.

The costs of economic fuel cylinders differ from state to state on account of native taxes. LPG cylinder charges are revised each month for all states and Union Territories.

Gasoline costs have been one of many main elements within the rise in India’s inflation ranges. India’s retail inflation rose to an eight-year excessive of seven.79% in April. In Might, nevertheless, it got here down to 7.04%.

Petrol and diesel costs, in the meantime, have been unchanged for the previous three months. In Might, the Union authorities lowered excise responsibility on petrol and diesel by Rs 8 per litre and Rs 6 per litre respectively in a bid to manage inflation.



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