The government has increased the price of LPG cylinders by Rs 50, Union Minister of Petroleum and Natural Gas Hardeep S Puri informed on Monday, April 7.
Minister Puri stated that from 500, the price of LPG cylinders will go up to 550 (for PMUY beneficiaries) and for others it will go up from Rs 803 to Rs 853.
It is notable here that the prices of commercial LPG cylinders were recently reduced by Rs 41 by Oil Marketing Companies, reducing the price of 19-litre commercial cylinder to Rs 1762 in Delhi and Rs 1714 in Mumbai.
Earlier today, the government has also hiked the excise duty on petrol and diesel by Rs 2. However, the price hike won’t directly impact consumers and will be borne by oil marketing companies.
Despite the price hike, there will be no increase in retail prices, so this hike would not impact the consumers.
Despite the recent hike in #ExciseDuty, #PSU Oil Marketing Companies have confirmed there will be no increase in retail prices of #Petrol and #Diesel.
— Ministry of Petroleum and Natural Gas #MoPNG (@PetroleumMin) April 7, 2025
Fuel costs remain unchanged. ⛽✅ #FuelUpdate #MoPNG pic.twitter.com/rLH0C46pNH
The Ministry of Petroleum and Natural Gas confirmed that any change in taxes will not change the retail selling price of petrol and diesel as the increase will be set off against the reduction in retail prices that was warranted from the fall in international oil prices. “PSU Oil Marketing Companies have informed that there will be no increase in retail prices of Petrol and Diesel, subsequent to the increase effected in Excise Duty Rates today,” the oil ministry said in a post on X.
