The Indian Oil Corporation has started an option in their website in which users of the gas cylinders can book their refill. All that consumers will have to do now is to click on the book now option and fill all the details that are asked to get the cylinders refilled again.
Earlier this month, a prices of the LPG cylinder was made costly by Rs 1.50. While the price of 14.2kg LPG cylinder was Rs Rs487.18 earlier, it now costs Rs 488.68 in the national capital. The fresh hike was announced after the increase of Rs 7 per cylinder last month. On July 31, Oil Minister Dharmendra Pradhan told the Parliament that the government had asked oil firms to increase LPG prices by up to Rs4 per cylinder every month to eliminate all the subsidies by March next year, PTI said.
However, rates were hiked by Rs2.31 per cylinder on August 1 and the oil firms effected a large hike September a month later to equalise that, officials said. Since the policy of monthly increase was implemented last year, subsidised LPG rates have gone up by over Rs69.50 per cylinder. In 2016, the price of 14.2 kg LPG cylinder was priced at Rs419.18 . The government had earlier asked IOC, Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL) to raise rates of subsidised domestic LPG by Rs2 per 14.2kg cylinder per month (excluding VAT).
The quantum has been increased to bring down the subsidy to nil. Each household is entitled to 12 cylinders of 14.2kg at subsidised rates in one year. Beyond this, a consumer will have to purchase at a parket price.The price of non-subsidised LPG has also been been by Rs1.50 to Rs599 per bottle, PTI added.