LPG cylinder price hiked by Rs.3.46

The government Tuesday announced a Rs.3.46 hike in the price of a 14.2kg domestic cooking gas (LPG) cylinder after it increased the commission paid to dealers by a like amount.

"The commission paid to dealers has been increased by Rs.3.46 per 14.2kg cylinder to Rs.40.71. Consequently, the retail selling price of domestic LPG cylinder has been increased by the same amount," a petroleum ministry official said here.

The increase, effective immediately, means that the 14.2kg LPG cylinder will now be available at Rs.413.96 as against the previous Rs.410.50.

The dealer's commission on a 5kg LPG bottle has been increased by Rs.1.73 to Rs.20.36. The 5kg bottle presently costs Rs.353 in Delhi.

LPG prices were last revised in October 2012 -- also because of a hike in dealers' commission.

There is, however, no revision in the additional distributor commission of 75 paise paid on the sale of non-subsidised LPG cylinder over and above the commission of Rs.40.71, the official said.

The market price of non-subsidised LPG in Delhi is Rs.1,017.50 per cylinder.