The record
Written from the 1 report below. Nothing here is unsourced.
- The Central Government announced in Parliament that it is giving financial assistance worth thousands of crores of rupees to oil companies to keep domestic LPG cylinder prices stable even as gas prices rise in the international market.
- Despite this support, the companies are facing losses of more than Rs. 51,000 crore.
- LPG prices had been raised by up to Rs. 60 in March, and commercial LPG cylinder rates were increased again in June.
- As a result, the price of a commercial LPG cylinder in Delhi has now reached Rs. 942.
What to watch next
- Whether domestic LPG cylinder prices are revised in response to international market trends.
- Further government disclosures in Parliament on the scale of financial support to oil companies and the companies' cumulative losses.
- Future monthly changes in commercial LPG cylinder rates, currently Rs. 942 in Delhi.
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Named India · Delhi · LPG · Oil Companies · Central Government · Parliament
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