Big relief..!! LPG cylinder price slashed..!?

Sowmiya Sriram
Big relief..!! LPG cylinder price slashed..!?

 Cooking gas (LPG) prices in india have been fluctuating. This has a direct impact on the expenses of the public and businesses. Especially, since restaurants, hotels, small-scale food processing companies, etc. are heavily dependent on LPG, any change in prices changes their expenses. In this situation, oil Marketing Companies (OMCs) have reduced the price of a 19 kg commercial LPG cylinder by Rs. 41 from april 1, 2025. This change may be a partial relief for many businesses. However, due to the price hikes in the past months, businesses will not be able to realize the full benefit of this immediately. Based on the information released by OMCs, commercial LPG cylinder prices have been reduced in major cities. delhi - Rs. 1,762 (previous price Rs. 1,803), kolkata - Rs. 1,872 (previous price Rs. 1,913), mumbai - Rs. 1,714.50 (previous price Rs. 1,755.50), chennai - Rs. 1,924.50 (previous price Rs. 1,965.50), this price change provides a small relief to the commercial sector. Already in March, commercial LPG prices were increased by Rs. 6. Before that, it was reduced by Rs. 7 in February.
Through this, it can be understood that LPG price changes are ongoing. When crude oil prices increase, LPG prices will also increase. This is because the cost of manufacturing and distributing LPG directly depends on the price of oil. The reason why LPG cylinder prices vary in each state is due to the taxes and transportation costs of the state governments. When people and businesses use more LPG, prices rise. As the demand for cylinders decreases during the summer, prices may come down slightly. LPG prices have a big impact on the business sector. Especially, in places like restaurants, hotels, bakeries, and stalls, LPG is an important source of energy for cooking. When the cooking costs of restaurants increase, the prices of food items are likely to increase. Tea shops, small restaurants, etc., are greatly affected by the change in LPG prices. When the price increases, restaurants have to increase the prices of food items. But, as customers are reluctant to pay higher prices, this will have a direct impact on business. Although these changes have an impact on the business sector, the prices of 14.2 kg cylinders used for home cooking have remained unchanged.

 
This is seen as good news for home consumers. Since domestic LPG prices are subsidized by the central government, they do not change as frequently as commercial cylinder prices. This is seen as a benefit to the public. There is a possibility that the prices of food items in restaurants will not increase. Small businesses will be able to reduce their costs to a certain extent. LPG price changes are subject to change based on international market conditions. If global oil prices increase, LPG prices will also increase. If the government subsidizes LPG prices, this can help control the price increase. There is a possibility of further price changes in the coming months. Since the price of cylinders for domestic cooking has not changed, the public can be confident of cooking without any disruption. There is an expectation that the government may provide tax incentives to deal with the fluctuation in LPG prices in India. This may lead to a better financial situation for businesses and the public in the future.
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