Summary of this article
Cost of 19 kg commercial LPG cylinders has fallen in metro cities.
The prices for domestic cylinders remain unchanged.
The domestic and commercial sides are shielded from inflation.
As of today, the cost of 19 kg commercial LPG cylinders has fallen in multiple metro cities. However, this does not change anything for people who are seeking relief in prices for domestic purposes. The rates for commercial LPG have been reduced to almost around Rs 1580 across cities.
This revision follows oil companies adjusting their rates in line with global price movements and import prices.
In metro cities, prices for domestic cylinders for 14.2 kg size are currently:
Delhi: Rs 853
Mumbai: Rs 852.50
Chennai: Rs 868.50
Kolkata: Rs 879
These rates reflect the stable pricing that is set for domestic purposes across states that remain undeterred by global changes.
The price cut will support hotels, restaurants, and other enterprises that rely on cooking gas in bulk. Earlier, the rates for 19 kg commercial cylinders in Delhi used to be around Rs 1,665, and now they have dropped by about Rs 33.50 to Rs 58.50, depending on the city. This reduction offers some relief to businesses wanting to reduce their investments.
Even though the prices for domestic cylinders remain unchanged, this reduction speaks to the credibility of the government's continued subsidy and effort for stabilisation. The unchanged prices for domestic gas also point to the pre-existing subsidies working properly and people's satisfaction.
Prices for consumers in Metros:
Domestic 14.2 kg cylinder:
Delhi: Rs 853 (unchanged)
Mumbai: Rs 852.50
Chennai: Rs 868.50
Kolkata: Rs 879.00
Commercial 19 kg Cylinder:
Delhi: Rs 1,590
Kolkata: Rs 1,694.
Mumbai: Rs 1,542
Chennai: 1,750
Moving ahead, the stable domestic rates are good news for households that are severely concerned about keeping up with inflation. While, for business users, the commercial rate cuts can result in reduced operating costs. This is very specific to food-service and hospitality sectors. This comes in while global tensions loom over and anything is unpredictable; this is not only a relief but a sign of support to people in hospitality and food-service sectors. The domestic and commercial sides are shielded from inflation, at least for now.
