Hike in Price of LPG Cylinder

TO BE ANSWERED ON 03 FEBRUARY, 2022

Hike in Price of LPG Cylinder

373.   SHRI RAJMOHAN UNNITHAN

Will the Minister of Petroleum and Natural Gas be pleased to state:

(a) whether the price of domestic LPG Cylinder has been increased, if so, the details thereof;

(b) whether the Government is aware that the serious issue of a steep hike in the price of LPG and denial of subsidy for LPG from 2020 onwards is affecting the common man and if so, the reaction of Government thereto;

(c) the details of the Government’s policy on subsidy for LPG Cooking gas for domestic use;

(d) whether the Government would take urgent and appropriate steps for restoring subsidy on the price of LPG cylinders; and

(e) if so, the details thereof and if not, the reasons therefor?

(SHRI RAMESWAR TELI)

(a) to (e): The prices of petroleum products in the country are linked to the price of respective products in the international market. Prices of LPG in the country are based on Saudi Contract Price (CP), the benchmark for international prices of LPG. Saudi CP has risen approximately 258% from April, 2020 to November, 2021 (236 USD/MT to 846 USD/MT). However, for domestic LPG the Government continues to modulate the effective price to consumer to insulate the common man from rise in international prices.

Under the DBTL scheme, subsidy amount equal to the difference between Retail Selling Price (RSP) and subsidized price of the domestic cylinder is deposited in the account of eligible beneficiaries.

The details of Retail Selling Price (RSP) of domestic LPG at Delhi since January 2020 are given as Annexure. 

Annexure

Annexure referred to in reply to part (a) to (e) of Lok Sabha Unstarred Question No. 373 asked by Shri Rajmohan Unnithan to be answered on 03 February, 2022 regarding “Hike in Price of LPG Cylinder”.