LPG New Rates Today – In today’s modern lifestyle, cooking gas has become an essential necessity for every household. From making morning tea to preparing entire meals throughout the day, every kitchen activity depends on gas cylinders. While people used wood or coal for cooking in earlier times, now LPG usage has become common everywhere, whether in cities or villages. Therefore, whenever there’s any change in the price of 14.2 kg domestic gas cylinders, it directly impacts every family’s monthly budget.
During this era of inflation, gas prices have become a sensitive issue affecting millions of households across the country. Today, we’re bringing you comprehensive information about the latest gas cylinder rates nationwide, enabling you to know your city’s prices and plan your budget accordingly.
Who Determines Gas Prices and How
Many people believe that the government sets gas prices, but actually these rates are determined by three major oil companies. Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum – these three government companies supply LPG across the country.
These companies review prices on the first day of every month and make changes when necessary. Several factors play crucial roles in determining gas prices. The international LPG market rates, crude oil prices, rupee strength against the dollar, transportation costs, and applicable taxes all combine to determine the final price.
This explains why sudden price fluctuations sometimes occur in the market. The companies constantly monitor global trends and adjust domestic prices accordingly.
Difference Between Domestic and Commercial Gas Cylinders
You might have noticed two types of gas cylinders available in the market. One is the 14.2 kg domestic cylinder used in our homes. The other is the 19 kg commercial cylinder used by hotels, restaurants, dhabas, and small business owners.
The biggest difference between them is the subsidy structure. The government provides subsidies on domestic gas to give relief to common people, while no subsidy is available on commercial gas. Therefore, commercial cylinder prices are significantly higher.
Domestic gas prices typically range around 800-900 rupees, while commercial gas prices can be 1500-2000 rupees or even higher depending on the location and market conditions.
How Government Subsidy System Works
The government provides subsidies on domestic gas cylinders to help poor and middle-class families. This subsidy is directly transferred to your bank account through the Direct Benefit Transfer (DBT) system.
Initially, you need to pay the full price for gas, and then the subsidy amount is credited to your account within a few days. The subsidy amount varies every month depending on international market rates.
When gas becomes expensive in the international market, the subsidy increases, and when it becomes cheaper, the subsidy decreases. Families who received free gas connections under the Pradhan Mantri Ujjwala Yojana also receive full benefits of this subsidy.
Current Gas Prices in Major Cities
Looking at the country’s major metropolitan cities, currently there haven’t been any significant changes in domestic gas cylinder prices. In the capital Delhi, the 14.2 kg domestic cylinder price is approximately 853 rupees.
In Mumbai, the same cylinder is available for around 852.50 rupees. Kolkata has slightly expensive gas with one cylinder costing approximately 881 rupees. Chennai’s gas price is running around 868.50 rupees.
The stable prices in these major cities have provided some relief to people since there hasn’t been any significant increase in recent months.
Latest Commercial Gas Rates
Commercial gas is always much more expensive compared to domestic gas. The prices of 19 kg commercial cylinders also vary across different cities. In Delhi, the commercial cylinder price is currently around 1580.50 rupees.
Mumbai offers it slightly cheaper at approximately 1531.50 rupees. Kolkata has quite expensive commercial gas with one cylinder costing up to 1684 rupees. Chennai has the most expensive commercial gas where one cylinder costs approximately 1749.50 rupees.
Recent days have seen some reduction in commercial gas prices, providing relief to small business owners running hotels and restaurants.
Why Different States Have Different Prices
Gas cylinder prices vary significantly across different Indian states. Northeastern states like Manipur, Mizoram, Tripura, and Sikkim have domestic gas prices exceeding 1000 rupees.
The main reason is their geographical location. These states are far from the rest of the country, resulting in very high transportation costs. Being hilly and remote areas makes transport even more expensive.
On the other hand, states like Maharashtra, Gujarat, Haryana, and Delhi, which are close to main cities with good transport facilities, have gas prices between 850-860 rupees. Local taxes imposed by each state also contribute to price differences.
Impact on Common Families
Rising gas cylinder prices affect poor and middle-class families the most. If a family needs two cylinders per month, even a 50-100 rupee increase significantly impacts the monthly budget.
Especially for families with limited income, expensive gas becomes a major concern. Although government subsidy schemes provide some relief, common people always hope that gas prices remain stable for longer periods.
When prices increase, people often adopt gas-saving methods or are forced to return to traditional cooking methods.
Future Expectations
Gas prices in India depend on international crude oil and LPG prices. If global oil remains cheap and the rupee maintains its strength, there’s less possibility of significant gas price increases in coming months.
The government is also trying to minimize the inflation burden on common people. When necessary, relief can be provided by increasing subsidies or implementing other measures.
However, if there are major fluctuations in international markets, their effects might be visible here too. Consumers are advised to regularly check latest prices on their gas agency or oil company websites.
Important Note to Remember
This information is provided for general awareness. Gas cylinder prices change periodically and vary across different cities and states. For accurate and latest prices, contact your nearest gas agency or visit official websites of Indian Oil, Bharat Petroleum, or Hindustan Petroleum to check your city’s current rates.
Additionally, always ensure you’re buying from authorized dealers and keep track of subsidy credits in your bank account to maximize your savings on domestic gas purchases.
Frequently Asked Questions
How often do LPG cylinder prices change in India?
LPG cylinder prices are typically reviewed on the first day of every month by major oil companies. However, changes are made only when necessary based on international market conditions and other economic factors.
Why are commercial gas cylinders more expensive than domestic ones?
Commercial gas cylinders don’t receive government subsidies like domestic cylinders do. Additionally, they’re larger (19 kg vs 14.2 kg) and are considered business expenses rather than household necessities, resulting in higher prices.
How can I check the current LPG price in my city?
You can check current LPG prices by visiting official websites of Indian Oil Corporation, Bharat Petroleum, or Hindustan Petroleum. Alternatively, contact your local gas agency for accurate pricing information.
When do I receive the LPG subsidy in my bank account?
LPG subsidy is typically credited to your bank account within 2-4 days after purchasing a cylinder. The amount varies monthly based on international market rates and government policies.
Why do northeastern states have higher gas prices?
Northeastern states have higher gas prices due to their remote geographical location, difficult terrain, and higher transportation costs. The additional logistics expenses for delivering gas to these regions result in increased prices for consumers.
