The steep price rise of non-subsidised cylinders, that will be effective from February 12, will make each unit dearer by up to Rs 149.
The price of non-subsidised 14 kg Indane gas in metros has increased and the new rates would be applicable from Wednesday.
This the sixth time the price of non-subsidised cooking gas has been increased in the recent past, with the cumulative price rise since August at almost Rs 300.More news: Ellyse Perry bowl to Sachin Tendulkar in Bushfire Cricket Bash
In Kolkata, LPG cylinder prices were hiked by ₹149 to ₹896, in Mumbai by ₹145 to ₹829.5 and in Chennai by ₹147 to ₹881.
Usually, LPG prices are revised on the first of every month, however, amid Delhi elections, the process seems to have been deliberately delayed. The price of commercial cylinders was hiked last week.
Normally, LPG rates are revised on 1st of every month but this time it took nearly two weeks for the revision to take place - a phenomenon which industry officials said was due to approvals needed for such a big jump in subsidy outgo.More news: Panthers owner David Tepper gives update on Cam Newton's future
An official of a public sector oil company said on condition of anonymity that even common man using LPG cylinder would not be spared from a price hike as the amount of actual subsidy would not cover for the increase in the GST post revision of prices.
Currently, LPG consumers in the country have to purchase the fuel at market prices.
The government provides higher subsidy to subsidised customers via the direct benefit transfer scheme but the non-subsidised category has no such protection.More news: South Africa fails to claim series win, Boucher rues missed opportunities