There has been no change in domestic LPG cylinder prices. LPG Cylinder rates are revised monthly across all the states and union territories in India.
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 nearly Rs 300.
The government-appointed Kirit Parikh committee suggested "immediately" hiking prices of diesel by Rs 5 a litre, Rs 4 per litre in kerosene and Rs 250 per cylinder in LPG, reducing annual entitlement of subsidised cooking gas cylinder to six from nine and phasing out diesel subsidy in one year to cut a record subsidy burden.
The panel has recommended Rs 4 per litre increase in kerosene and Rs 250 per cylinder hike in LPG rates, Parikh told reporters after presenting the report to Oil Minister Veerappa Moily.
BPCL, CMD, RK Singh explained in an interview on CNBC-TV18, that the proposal to deregulate bulk diesel sales will save the government Rs 2,300 crore