The government increased the price of non-subsdised LPG cylinders by Rs.86. It has, however, not increased the price of subsidised…
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The government increased the price of non-subsdised LPG cylinders by Rs.86. It has, however, not increased the price of subsidised LPG domestic cylinders which would continue to be Rs.434 per cylinder.
The new rate of the non-subsidised cylinder would be Rs.737 with effect from Wednesday, said a senior officer of the Petroleum Ministry. But there would be no net impact on all those who were receiving subsidised refills, the officer said.
The cash transfer to customer under DBTL (Direct Benefit Transfer) for LPG has been increased to Rs 302.57 to compensate the increase. While the Union government would bear Rs 270.16 per cooking cylinder, remaining Rs 32.41 would be met by the oil marketing companies.
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Meanwhile, under-recoveries of PDS kerosene has also increased marginally from Rs 13.33 per litre last month to Rs 13.5 per litre this month. The under-recoveries and DBTL subsidy for 2015-16 was Rs 27,571 crore, while the figure was Rs 76, 285 crore for 2014-15.
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