As the country gears up to welcome the festive season, the Government of India has added to the joy of the residents by announcing a cut in the price of LPG, which is deeply in tune with the spirit of togetherness and caring.
In a move that has won wide appreciation, the government has announced a reduction in the price of a 14.2 kg LPG cylinder by ₹200 for all consumers during cabinet meeting, giving citizens significant economic relief during the festive season.
Festive joy and LPG price deduction
Onam is specially celebrated in Kerala and Raksha Bandhan is celebrated especially in northern India as a symbol of the unbreakable bond between brothers and sisters. This cut in LPG cylinder prices is a pleasant relief during the festive season. It is a way of providing financial facilities to the families.
The reduction in the price of LPG cylinders by ₹200 will reduce the financial burden on families, especially during this festive season. As homes reverberate with festive fervor, the announcement underscores the government’s commitment to bettering the lives of its citizens, making their celebrations even more joyous and memorable.
The reduction in price will also benefit the beneficiaries of Pradhan Mantri Ujjwala Yojana (PMUY).
LPG price before and after the announcement of LPG Price deduction in various cities:
Below is the tabular information detailing the domestic 14.2 kg cylinders along with commercial gas prices in major metro cities as of 29 August in various cities across India:
Sr. No. | City | Price Today (14.2 KG Cylinder) | Commercial Price (29st August-2023) |
1 | New Delhi | ₹1,103.00 | – |
2 | Mumbai | ₹1,102.50 | ₹1,640.50 |
3 | Gurgaon | ₹1,111.50 | – |
4 | Bengaluru | ₹1,105.50 | – |
5 | Chandigarh | ₹1,112.50 | – |
6 | Jaipur | ₹1,106.50 | – |
7 | Patna | ₹1,201.00 | – |
8 | Kolkata | ₹1,129.00 | ₹1,802.50 |
9 | Chennai | ₹1,118.50 | ₹1,852.50 |
10 | Noida | ₹1,100.50 | – |
11 | Bhubaneshwar | ₹1,129.00 | – |
12 | Hyderabad | ₹1,155.00 | – |
13 | Lucknow | ₹1,140.50 | – |
14 | Trivandrum | ₹1,112.00 | – |
LPG price After price cut announcement:
Sr. No. | City | Price Today (14.2 KG Cylinder) | Commercial Price (29st August-2023) |
1 | New Delhi | ₹ 903.00 | – |
2 | Mumbai | ₹ 902.50 | ₹ 1,640.50 |
3 | Gurgaon | ₹ 911.50 | – |
4 | Bengaluru | ₹ 905.50 | – |
5 | Chandigarh | ₹ 912.50 | – |
6 | Jaipur | ₹ 906.50 | – |
7 | Patna | ₹ 1,001.00 | – |
8 | Kolkata | ₹ 929.00 | ₹ 1,802.50 |
9 | Chennai | ₹ 918.50 | ₹ 1,852.50 |
10 | Noida | ₹ 900.50 | – |
11 | Bhubaneshwar | ₹ 929.00 | – |
12 | Hyderabad | ₹ 955.00 | – |
13 | Lucknow | ₹ 940.50 | – |
14 | Trivandrum | ₹ 912.00 | – |
Historical Trends at the time of LPG Price deduction
Let us understand the historical price trends of LPG in India which offers valuable context to this recent decision.
LPG is a very important component of daily life, the fluctuation in the price of LPG has influenced economic dynamics and household budgets. By reducing the price, the government not only addresses immediate concerns but also demonstrates a responsive approach to economic challenges faced by the citizens.
Incorporating Price Trends for a Brighter Future
This recent announcement is part of the government’s ongoing efforts to provide citizens with accessible and affordable essentials. By considering historical price trends and responding proactively, the government showcases its commitment to the welfare of its citizens.
As the nation gets ready to celebrate Rakshabandhan and other forthcoming festivals, the government’s decision to reduce LPG prices emerges as a meaningful gesture and it is a kind of offering financial relief and contributing to the festive spirit. As the Indian populace welcomes this price cut.