Steepest Hike In History: LPG Prices Raised By Rs 86 A Cylinder - Dollar Advisory Financial Services

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Thursday 2 March 2017

Steepest Hike In History: LPG Prices Raised By Rs 86 A Cylinder

Steepest hike in history: LPG prices raised by Rs 86 a cylinder



The price of non subsidised cooking gas was hiked by a steep Rs 86 per cylinder on Wednesday, reflecting international trends. 

Non subsidised LPG, bought by those who have either given up their subsidies or exhausted the quota of 12 bottles of 14.2-kg in a year at below market price, will now cost Rs 737.50. 

It was priced at Rs 651.50 per 14.2-kg cylinder till yesterday, according to state-owned oil companies. 

The hike, steepest in the history, comes on back of Rs 66.5 per cylinder increase effected from February 1.

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