Dilli: The price of cooking gas cylinder has been drastically reduced. Indian Oil Corporation (IOC) today announced a reduction of Rs 6.52 on subsidized LPG cylinders. At present, the price of 14.2 kg subsidized LPG cylinder is Rs 507.42 in the national capital Dilli. Reduction prices will come into force today from midnight. The price of cylinders reached Rs 500.90, according to IOC’s statement. The price of cylinders has increased since June. So far, cooking gas prices have increased six times. In the six months, the price of gas increased to Rs 14.13 per liter.
Besides, the rupee depreciated and international oil prices declined, with the IOC declining LPG prices. The price of non-subsidized cylinders has been reduced by Rs. So far, non-subsidized cylinders cost Rs 942.50. The subsidy LPG cylinder price in Dilli will be Rs 809.50. Subsidy for household consumers is providing 12 cylinders annually. Subsidy cash will be directly credited to customer bank accounts. Consumers will get Rs 308.60 cash in bank accounts from subsidy from December. The price of cooking gas cylinders was last raised in November. The cylinder was announced to increase Rs.