Domestic LPG Subsidised Price in New Delhi

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New Delhi

Domestic LPG
Subsidised
April 18, 2019
495.86
(Rs./14.2Kg cylinder)
   0.25 on Apr 01, 2019
Non-Subsidised Price: 706.50

NEW DELHI
Domestic LPG
Subsidised Price Trend

DATE
PRICE
CHANGE
Apr 01, 2019
   495.86
    0.25
Mar 01, 2019
   495.61
    2.08
Feb 01, 2019
   493.53
    1.46
Jan 01, 2019
   494.99
    5.91
Dec 01, 2018
   500.90
    4.44
(Rs./14.2Kg cylinder)

Chart of Current Domestic LPG Subsidised Prices in New Delhi

Source: Indane, Indian Oil Corporation

Prices of other Petroleum Products in New Delhi

ProductCompany     PriceEffective Date
Auto LPGIOCL     46.35Apr 01, 2019
Subsidised Domestic LPG (14.2kg)Indane   495.86Apr 01, 2019
Non-Subsidised Domestic LPG (14.2kg)Indane   706.50Apr 01, 2019
Commercial LPG (19kg)Indane1,305.50Apr 01, 2019

New Delhi Domestic LPG Subsidised Prices

price in New Delhi today, i.e. on April 01, 2019 is 495.86 Rs./14.2Kg cylinder. This represents an increase in the price of by 0.25 Rs./14.2Kg cylinder effective from Apr 01, 2019.

In the 52 week period, the price of in New Delhi (Delhi) touched a high of Rs./14.2Kg cylinder on and recorded a low of Rs./14.2Kg cylinder on .

Meanwhile, in New Delhi the Domestic LPG Non-Subsidised price is 706.50 Rs./14.2 Kg cylinder and Commercial LPG price is 1,305.50 Rs./19 Kg cylinder as on Apr 18, 2019.

Price Comparision

Today Week
ago
Month
ago
1 Year
ago
5 Years
ago
10 Years
ago
495.86
495.86
11 Apr 2019
495.61
18 Mar 2019
491.35
18 Apr 2018
414.00
18 Apr 2014
279.70
18 Apr 2009
Rs./14.2Kg cylinder

How are LPG Prices determined in India?

The Current Retail Selling Price of Domestic LPG cylinder is determined by the Oil Marketing Companies (OMCs). The OMCs pay Refinery Gate Price (RPG) based on the Import Parity Price (IPP) for purchase of LPG. Import Parity Price is calculated on the basis of prevailing LPG prices in the International market.

In addition to the Refinery Gate Price, the Oil Marketing Companies also add Storage & Distribution Cost, Bottling Charges, Cylinder Cost ,Inland Freight, Delivery Charges, Distributor Commission and other Uncompensated Costs to arrive at the Retail Selling Price of Domestic LPG cylinder.

Domestic LPG cylinders is painted with Signal Red colour and contain 14.2kg of LPG, whereas commercial LPG cylinders are painted with Oxford Blue colour and contain 19kg of LPG. LPG sold for domestic purpose is subsidized by the Government. The Commercial LPG is sold to trade and commercial establishments at unsubsidized or market determined prices decided by the OMCs.


Chart of Historical Domestic LPG Subsidised Prices in New Delhi

Historical Graph

  • Today, India's cooking gas subsidy is the world's largest Cash Transfer Programme.

  • ~ Narendra Modi


Historical LPG Price Trend of India

In the 1970s Government of India introduced regulatory controls on production, imports, distribution and pricing of crude oil and petroleum products in India. This led to implementation of Administered Price Mechanism (APM) in the oil sector. Under APM , the Government of India was fixing (Artificial price fixing) the prices of Petroleum products. Hence the price rise or reduction was based on political decision of the present government and not on sound economic decision.

Government announced the dismantling of the Administered Pricing Mechanism (APM) effective April 01, 2002. But in order to insulate the Domestic LPG prices from the impact of unprecedented high international oil prices, the Government decided to provide subsidy on sale of domestic LPG at specified flat rates under the Budget. This resulted in huge subsidy / under-recovery burden arising out of selling petroleum products at a price below the prevailing international prices to the Govt of India through budgetary support, Public Sector Upstream Oil companies namely, Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL) and GAIL (India) Limited (GAIL) by way of price discount on Crude oil and products and Public Sector Oil Marketing Companies, by absorbing a part of the under recovery.

Government of India launched Direct Benefit Transfer for LPG consumer (DBTL) scheme namely, ‘PAHAL’ on 1 Jan 2015. LPG consumers, who join the PAHAL scheme, will get the LPG cylinders at non-subsidized price and receive LPG subsidy (as per their entitlement) directly into their bank accounts. After introduction of DBTL, the state aim of Govt is that there will be no under-recovery burden on National Oil Companies (both upstream and downstream) and entire burden of subsidy on sale of Subsidized Domestic LPG will be borne by the Government.


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Domestic LPG Subsidised
Prices in Metros

New Delhi 495.86
Mumbai 493.57
Chennai 483.74
Kolkata 499.00

(Rs./14.2Kg cylinder)
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Historical Price of
 in

Select Date

Domestic LPG Subsidised
(Rs./14.2Kg cylinder)

495.86

DATE PRICE   CHANGE
Apr 01, 2019   495.86        0.25
Mar 01, 2019   495.61        2.08
Feb 01, 2019   493.53        1.46
Jan 01, 2019   494.99        5.91
Dec 01, 2018   500.90        4.44
Nov 01, 2018   505.34        2.94
Oct 01, 2018   502.40        2.89
Sep 01, 2018   499.51        1.49
Aug 01, 2018   498.02        1.76
Jul 01, 2018   496.26        2.71
Jun 01, 2018   493.55        2.34
May 01, 2018   491.21        0.14
Apr 01, 2018   491.35        1.74
Mar 01, 2018   493.09        2.54
Feb 01, 2018   495.63        0.01
Jan 01, 2018   495.64        0.05
Dec 01, 2017   495.69        0.00
Nov 01, 2017   495.69        4.56
Oct 01, 2017   491.13        3.95
Sep 01, 2017   487.18        7.41
Aug 01, 2017   479.77      33.12
Jul 01, 2017   446.65        0.00
Jun 01, 2017   446.65        3.88
May 01, 2017   442.77        1.87
Apr 01, 2017   440.90        5.97
Mar 01, 2017   434.93        0.13
Feb 01, 2017   434.80        0.09
Jan 01, 2017   434.71        2.00
Dec 01, 2016   432.71        2.07