LPG cylinder price hike "put on hold"

LPG cylinder price hike "put on hold"

Last Updated: Fri, Nov 02, 2012 04:29 hrs
LPG price raised by Rs. 11.42

The Indian government late Thursday put on hold a hike in the price of non-subsidised cooking gas or liquefied petroleum gas (LPG) by Rs 26.50 per cylinder, media reports said.

The 14.2-kg cooking gas cylinder was set to cost Rs. 922 in Delhi, according to the price mentioned on Indian Oil Corporation's website.

The decision to suspend the move came following stiff opposition from all corners just weeks ahead of two crucial state elections.

The cost of it in Delhi was Rs. 895.50 before the hike.

The cost of subsidised cooking gas cylinder in Delhi is Rs 410.42

The latest hike comes within months after the government announced a cap of six subsidised LPG cylinders per year for households.

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