TIWN March 2, 2021
AGARTALA, March 2 (TIWN): Congress on Tuesday has staged protest over increasing LPG Cylinder prices nationwide. In Tripura led by Youth Congress, a protest was staged in the capital city Agartala Agartala. The protest was staged as the Non-subsidised liquefied petroleum gas (LPG) prices were hiked by ₹ 25 on March 1, 2021. With effect from March 1, the price of non-subsidised LPG is at ₹ 819 per cylinder (14.2 kilograms) in Delhi, according to Indian Oil Corporation. Indian Oil, the country's largest fuel retailer, supplies LPG under the brand Indane. Usually, the rates of non-subsidised LPG cylinders are reviewed on a monthly basis and any changes effected on the first day of each month. Cooking gas rates vary in different parts of the country due to local taxes.
The prices of LPG cylinders in the country, both cooking and commercial, are determined by the state-run oil marketing companies. As per the current rules, the government subsidies a total of 12 cylinders of 14.2 kilograms each per household every year.
In the month of February 2021, LPG prices were hiked almost three times. The hike in LPG cooking gas rates comes at a time when the prices of petrol and diesel have touched all-time highs across the four metro cities. Amid a surge in global crude oil prices, oil marketing companies increased the fuel rates across all metros. Usually, the rates of non-subsidised LPG cylinders are reviewed on a monthly basis and any alterations are implemented on the first day of every month. Cooking gas rates vary in different parts across the country due to variation in local taxes.
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