Gas Cylinder Price: There are only two days left in the month of August, with September beginning on the third day. The first day of September can be a tremendous relief for the common people. It is believed that the government will bring significant good news to the common people. The government can cut the prices of LPG cylinders, which will be like a big gift.
The government can lower the price of domestic and commercial gas cylinders. In addition to this, there is a discussion underway about lowering the prices of petrol and diesel. If this discussion holds true, it would completely alleviate the people’s burden of inflation, akin to a golden opportunity. However, the government has yet to make any official statements. Media reports are swiftly making such claims.
How much cheaper will domestic and commercial cylinders be?
On the first day of September, the government can give crores of consumers in the country a big relief from inflation. There can be a decline of Rs 50 in the price of a domestic LPG cylinder can drop by Rs 50. Apart from this, the price of commercial cylinders can also come down considerably. Sources report a price reduction of 60 to 70 rupees for commercial cylinders.
If the price of an LPG cylinder drops by 50 rupees, you can easily buy it for up to 760 rupees and bring it home. You can purchase subsidised cylinders for as little as 460 rupees. The PM Ujjwala Yojana already provides a subsidy of Rs 300 on LPG cylinders. While buying the cylinder from the agency, you will have to pay the full price, but after a few days, Rs 300 subsidy will come to your account. Many crores of people are taking advantage of the PM Ujjwala Yojana.
Petrol and diesel can also become cheaper.
Indian oil marketing companies can decide to reduce the prices of petrol and diesel. Currently, the price of petrol surpasses 100 rupees in many cities, while the price of diesel exceeds 90 rupees per litre. The government can cut the price of petrol by 6 rupees and diesel by 5 rupees.
After this, common people will get immense relief. However, the government has yet to make an official statement on this matter. The low prices of crude oil in the international market are fueling these speculations.