LPG: Major setback for LPG consumers. The rates of LPG cylinders could be revised on August 1, 2026. If there is no change, some individuals might have to pay an extra Rs 300 for a 14.2 kg domestic LPG cylinder. This news may sound unbelievable, but it is indeed accurate. Let’s explore who will face higher costs for the cylinders starting August 1.
– Beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) who have refilled four cylinders between April 1 and July 31 this year will not receive a subsidy in August. Consequently, they will have to purchase cylinders at the regular market price. The government, starting this financial year, is granting a subsidy of Rs. 300 on only four cylinders to PMUY beneficiaries. Initially, the subsidy was applicable to nine cylinders, but it was later reduced to six.
– The prices of LPG cylinders will be revised on August 1 by the state-owned oil marketing companies IOCL, HPCL, and Bharat Petroleum. It is anticipated that there will be no alterations in the prices of domestic cylinders for regular consumers on that day. However, the rates for commercial cylinders might see a change.
– Notably, during the Iran-US conflict on March 7, the cost of domestic cylinders surged by Rs 60. In Delhi, the price of a 14.2 kg Indane LPG cylinder climbed from Rs 853 to Rs 913. Subsequently, on June 7, due to inflation, domestic cylinder prices increased by Rs 29, reaching Rs 942 in Delhi.
– From March to May, the Modi government made significant and stringent decisions to ensure the continuous supply of LPG cylinders during the Iran conflict. These measures included limiting commercial LPG cylinder supply with exceptions, and enforcing stricter rules for booking and delivery of domestic cylinders. The situation during the conflict intensified, leading to consumer queues outside gas agencies. Despite the challenges, the supply of LPG cylinders in India remained uninterrupted even amidst the closure of the Strait of Hormuz.