The Indian government has announced a reduction in the price of LPG cylinders by Rs 200 per cylinder. This is effective from August 30, 2023. Furthermore, this move will provide relief to dozens of households across the country relying on LPG cylinders for cooking. The decision was taken by the Cabinet. The government has also announced that it will provide 75 lakh new gas connections for free in a bid to clear applications. Continue reading to know the price of gas in your location.
Why Is The LPG Price Reduced?
The reduction in LPG cylinder prices is a welcome move for consumers who have recently faced the brunt of rising fuel prices. The government’s decision to reduce the price of LPG cylinders is expected to provide some relief to households. Who had been struggling to make ends meet due to the higher costs of living? The move is also expected to boost the government’s popularity because it comes ahead of several state elections scheduled to take place later this year.
Moreover, the reduction in LPG cylinder prices is also expected to positively impact the economy as it will help reduce the cost of living for households. This, in turn, is expected to boost consumer spending, which is a key driver of economic growth. The move is also likely to positively impact inflation as it will help reduce the cost of essential commodities.
The reduction in LPG cylinder prices is good news for households and commercial consumers. However, the rates of 19KG commercial LPG cylinders were last revised in July. Further, the prices will likely vary from state to state, depending on taxes. The reduction in prices is expected to provide some relief to commercial consumers. Who has also been facing the brunt of rising fuel prices?
Benefit To The Citizens
The reduction in LPG cylinder prices is a bold step taken by the government, which is expected to positively impact the lives of millions of people across the country. The move is also likely to boost the government’s popularity. Because it comes at a time when the ruling party is facing criticism over rising fuel prices, the government’s decision to provide 75 lakh new gas connections for free is also expected to be a popular move as it will help to provide access to clean cooking fuel to millions of households across the country.
The reduction in LPG cylinder prices is also expected to positively impact the environment, as it will help promote the use of clean cooking fuel. LPG is a cleaner fuel compared to traditional fuels like wood and coal, which are still used by millions of households across the country. Using clean cooking fuel is essential for reducing indoor air pollution, a significant health hazard in many parts of the country.
City-Wise Price List Of LPG Cylinder
1. New Delhi- Rs 903
2. Mumbai– Rs 902.5
3. Kolkata- Rs 929
4. Chennai- Rs 908.5
5. Bengaluru- Rs 905.5
6. Ahmedabad- Rs 910
7. Hyderabad- Rs 955
8. Patna- Rs 1,001
9. Bhopal- Rs 908.5
10. Jaipur- Rs 906.5
11. Lucknow- Rs 940.5
Reducing LPG cylinder prices is a welcome move for households and commercial consumers alike. The move is expected to relieve millions of people across the country struggling to make ends meet due to the high cost of living. The government’s decision to provide 75 lakh new gas connections for free is also expected to be a popular move as it will help provide access to clean cooking fuel to millions of households nationwide. The reduction in LPG cylinder prices is a bold step taken by the government, which is expected to positively impact the economy, the environment, and the lives of millions of people across the country.
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