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Business News/ Politics / Policy/  LPG price hiked by `3.46 per cylinder
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LPG price hiked by `3.46 per cylinder

LPG in Delhi costs Rs410.50 per 14.2-kg cylinder and after the increase it will cost ₹413.96

The commission paid to dealers has been increased by Rs3.46 per 14.2-kg cylinder to Rs40.71. Photo: Photo: MintPremium
The commission paid to dealers has been increased by Rs3.46 per 14.2-kg cylinder to Rs40.71. Photo: Photo: Mint

New Delhi: Domestic cooking gas (LPG) price was on Tuesday hiked by Rs3.46 per cylinder after the government raised the commission paid to dealers by over 9%.

“The commission paid to dealers has been increased by Rs3.46 per 14.2-kg cylinder to Rs40.71.

Consequently, retail selling price of domestic LPG too have been increased in the same proportion," an oil ministry official said.

The increase in commission — which as per practice is passed on to consumers — has been effected from Tuesday.

LPG in Delhi costs 10.50 per 14.2-kg cylinder and after the increase it will cost 413.96.

The last revision in cooking gas prices happened in October last year when because of an increase in dealers’ commission the rates were raised from Rs399 per cylinder to Rs410.50.

Also, dealers’ commission on 5-kg LPG cylinder has been increased by Rs1.73 to Rs20.36 per bottle. A 5-kg LPG cylinder costs Rs353 in Delhi currently.

The official said the annual revision in dealers’ commission is being proposed keeping in view the increase in expenses like salary and wages.

He, however, said that no revision in the additional distributor commission of 75 paisa paid on sale of non-subsidised sale of 14.2-kg cylinder was required for the time being. The 75 paisa is over and above the commission of 40.71.

Non-subsidised LPG is sold at market price of Rs1017.50 per cylinder in Delhi.

LPG dealers’ commission was last revised on 7 October 2012 when it was raised from Rs25.83 per 14.2-kg cylinder to Rs37.25. The same for 5-kg cylinder was hiked from Rs13.30 to Rs18.63 per bottle.

The commission has more than doubled in the past six years with almost yearly increases. The commission was raised from Rs16.71 per 14.2-kg LPG cylinder to Rs19.05 on 1 March 2007; to Rs20.54 on 4 June 2008; to Rs21.94 on 30 June 2009 and to Rs25.83 per bottle on 1 July 2011.

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Published: 10 Dec 2013, 05:16 PM IST
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