LPG domestic refill price up, crosses Rs 1,000-mark in Delhi – Times of India

NEW DELHI: The cost of domestic cooking gas (LPG) refills crossed Rs 1,000 in Delhi — where traditionally rates are lower than most of the states — and rose by Rs 3. 50 elsewhere after the government raised prices for the second time in May on Thursday, even as top government functionaries ruled out restoration of subsidy. After the latest increase, a 14. 2-kg refill will cost Rs 1,003 in Delhi, Rs 1,002 in Mumbai, Rs 1,029 in Kolkata and Rs 1,018 in Chennai.
LPG rates were last raised by Rs 50 on May 7, pushing prices of refills beyond Rs 1,000 in most parts of the country, while it stood just 50 paise short of the mark in Delhi. The latest increase is the third since March 22 this year.

“The international prices of LPG has shot up 37% in one month, while domestic (cylinder) prices have risen 11%. Subsidies is not good economics and cannot be there forever. Otherwise, we will end up like Sri Lanka, where we don’t have money to provide fuel to people,” a functionary said requesting anonymity.

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