LPG Gas Cylinder New Prices (November 2018) – Check Subsidy & Non-Subsidy Rates

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Subsidized LPG gas cylinder rates hiked by Rs. 2.94 & non-subsidized cylinders rate hiked by Rs. 60 for the month of November 2018, check LPG Gas Cylinder New Prices in Delhi, Kolkata, Chennai, Mumbai & other cities

Views: 7053 | Dated: November 2, 2018 | Updated On: September 21, 2019 | By: Karan Chhabra | | By | Beneficiaries: |
LPG Gas Cylinder New Prices (November 2018) – Check Subsidy & Non-Subsidy Rates

The fuel retailers have increased the prices of LPG gas cylinders for the sixth consecutive time i.e since the month of June 2018. Now people can check the LPG Gas Cylinder New Prices in top cities like Delhi, Kolkata, Chennai, Mumbai which will remain applicable for the month of November 2018. The rate of subsidized LPG gas cylinder in Delhi is Rs. 505.34, Kolkata is Rs. 508.7, Mumbai is Rs. 503.11 and Chennai is Rs. 493.87.

LPG gas cylinder rates have gone up by Rs. 14.13 per cylinder in the previous 6 months. In the month of November 2018, a 14.2 kg subsidized LPG gas cylinder is more expensive by Rs. 2.94 while the rate of non-subsidized LPG cylinder has been hiked by Rs. 60.

The prices of subsidized and non-subsidized LPG gas cylinders are revised on the 1st of every month. Moreover, the central government provides subsidy on the first 12 gas cylinders every household in a single year under the direct benefit transfer (DBT) scheme.

LPG Gas Cylinder Rates (With & Without Subsidy) for November 2018

The effective cost to consumers with & without subsidy in metros for 14.2 Kg cylinder are as follows:-
LPG Gas Cylinder New Prices for November 2018

Metro CitiesSubsidized LPG Gas Cylinder RatesNon-Subsidized Prices of LPG Gas Cylinders
DelhiRs. 505.34Rs. 939
KolkataRs. 508.70Rs. 969.50
MumbaiRs. 503.11Rs. 912
ChennaiRs. 493.87Rs. 958

In case the prices of LPG rises in the international market, then all these prices are absorbed by the central government as subsidy. However, a subsequent increase in GST is passed on to the consumers which leads to a rate hike. This month, the price of non-subsidized LPG in Delhi has been increased by Rs. 60 per cylinder due to change in international and foreign exchange fluctuations. The central govt. will compensate Rs. 57.06 to the customers by increasing the subsidy transfer to their bank accounts.

So, the actual impact on the domestic consumers who takes subsidized cylinder is only Rs. 2.94 per cylinder, which would be only due to GST. The subsidy amount to be transferred into the bank account of the customers has been increased to Rs. 433.66 per cylinder in November 2018 from Rs. 376.60 per cylinder in October 2018.

References

— 14.2 Kg Subsidized LPG gas cylinder previous prices for other cities.
— 14.2 Kg Non-subsidized LPG gas cylinder previous prices for other cities.

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