Price of subsidised cooking gas hiked by Rs 1.76 per cylinder

NEW DELHI: State-owned Indian Oil on Tuesday announced hike in price of subsidised cooking gas cylinders by Rs 1.76 per cylinder.

“There is a marginal increase of Rs 1.76 per cylinder (from Rs 496.26 in July 2018 to Rs 498.02 in August 2018) in the effective price of subsidised LPG cylinder in Delhi for domestic customers for the month of August 2018,” a statement from the Indian Oil said.

While the price of non-subsidised LPG at Delhi will increase by Rs 35.50 per cylinder in August 2018 mainly due to change in international price and foreign exchange fluctuations, the actual impact on subsidised domestic LPG customers is only Rs 1.76 per cylinder, which is mainly due to GST on it. (AGENCIES)