LPG Price Cut- The good news is here. Again LPG Gas cylinder prices are cut by the government. The beginning of September has brought relief news for consumers. Oil selling companies have announced a reduction in the prices of commercial LPG gas cylinders. The price of 19 kg commercial cylinder has been reduced by Rs 51.50, which will be effective from September 1. This cylinder will now be available in Delhi for Rs 1580. However, relief has been given only to commercial gas consumers. There has been no change in the prices of 14.2 kg LPG cylinder used in domestic kitchens.
Traders and hotels will get relief
Commercial LPG is mainly used in hotels, restaurants, dhabas and other commercial establishments. In such a situation, a reduction in its prices will directly provide relief to small and big traders. People associated with the Hotel Association say that this step will reduce their expenses to some extent and the burden of inflation on the food served to the customers may also be reduced a bit.
Domestic consumers are waiting
While on one hand the reduction in the price of commercial gas has brought relief to the traders, domestic consumers are still waiting for the change. The festive season is near and the common people are hoping that in the coming days the government or the oil companies may also give relief on domestic cylinders. It is worth noting that oil marketing companies review the prices of LPG cylinders every month.
The fluctuation in the prices of crude oil and gas in the international market has a direct impact on the rates of gas cylinders in India. This is the reason why sometimes the prices decrease and sometimes there is an additional burden on the pockets of consumers. Overall, the reduction in the price of commercial cylinders in early September has brought great relief to businessmen and hotels. However, no change is visible in the kitchens of common households at the moment. Now everyone’s eyes will be on the upcoming review as to when there will be relief on domestic LPG cylinders.