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LPG gas cylinder prices (subsidy and non-subsidy cylinder rates) have been up in March 2019 after 3 consecutive time reduction in December 2018, January 2019 & February 2019. People can now check the LPG Gas Cylinder New Prices (14.2 kg cylinder rates) in top metro cities like Delhi, Kolkata, Chennai, Mumbai & in other non-metro cities. These new LPG cylinder rates would remain applicable for the entire month of March 2019 starting from today onward.
All the people can even compare these new cylinder rates with prices in previous months. The prices were on a hike from 491.21 in May 2018 to Rs. 507.42 in November 2018 and had gone up by Rs. 16.21. But then for the next 3 months, these prices were reduced. This reduction was Rs. 6.52 per cylinder in December 2018, Rs. 5.91 in January 2019 & Rs. 1.46 in February 2019. For non-subsidized cylinders, IOCL has reduced prices by Rs. 133 in December 2018, Rs. 120.5 in January 2019 and Rs. 30 in February 2019. But for the month of March 2019, these prices have been hiked.
It is important to note that the prices of both the subsidized and non-subsidized LPG gas cylinders are revised by OMCs on 1st date of each month. Moreover, central govt. only provides subsidy on the first 12 gas cylinders to every family in one year under the direct benefit transfer (DBT) scheme.
LPG Subsidy & Non-Subsidy Gas Cylinder Rates for March 2019
All the citizens can check both the subsidized and non-subsidized domestic gas cylinder prices to know the total amount on which they will get cylinder this month. In addition, people would be able to calculate the subsidy amount to be transferred into their bank accounts. The effective cost of domestic cooking gas cylinders to consumers with & without subsidy in metros for 14.2 Kg cylinder are as follows:-
|Metro Cities||Subsidized LPG Gas Cylinder Rates with Increase||Non-Subsidized Prices of LPG Gas Cylinders with Increment|
|Delhi||Rs. 495.61 (+2.08)||Rs. 701.50 (+42.50)|
|Kolkata||Rs. 498.75 (+2.18)||Rs. 727.50 (+44.50)|
|Mumbai||Rs. 493.32 (+2.13)||Rs. 673.50 (+43.50)|
|Chennai||Rs. 483.49 (+2.15)||Rs. 717 (+44.00)|
Citizens can even check prices of 14.2 Kg LPG Subsidized / Non-Subsidized Gas Cylinders for March 2019 in other cities through this link – LPG Cylinder Rates in Other Cities March 2019. In the current month of March 2019 month, the price of non-subsidized LPG cylinder in Delhi has been increased by around Rs. 42.50 per cylinder while the rates of subsidized LPG cylinder has been increased by Rs. 2.08.
LPG Gas Cylinder New Prices Comparison with Previous Months
All the people can now compare the current LPG gas cylinder rates with the prices in the previous months:-
— Check 14.2 Kg Subsidized LPG gas cylinder previous prices (Month Wise) here
— Check 14.2 Kg Non-subsidized LPG gas cylinder previous prices (Month Wise) here
Subsidy in Bank Accounts for LPG Gas Cylinders
The subsidy amount varies on a monthly basis as per the changes in the average international benchmark LPG rate and foreign exchange rate. Whenever international oil rates move up, the central govt. provides a higher subsidy and when oil rates comes down, subsidy is cut. The subsidy amount to be transferred into the bank account of the customers is now Rs. 205.89 in Delhi, Rs. 228.75 in Kolkata, Rs. 180.18 in Mumbai and Rs. 233.51 in Chennai per cylinder in March 2019.
— For more details, visit the official website https://www.iocl.com/products/indanegas.aspx