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144 per cent rise in 8 years: Why India has the most expensive LPG

LPG prices in the country have seen a constant rise in last few months. With petrol and diesel prices also skyrocketing, the huge spike in cooking gas rates has put an extra burden on the common man.

VARIETY  |   4-minute read  |   20-05-2022

The price of liquefied petroleum gas (LPG) cylinders was hiked for the second time this month on Thursday. While the price of domestic LPG cylinders has been raised by Rs 3.50, the price of commercial LPG cylinders has been increased by Rs 8.

The non-subsidized domestic LPG cylinders now cost over Rs 1,000 in almost all the cities in India. Earlier, on May 7, the price of domestic LPG cylinders was raised by Rs 50.

Based on Purchasing Power Parity (PPP), the LPG per litre price in India is the most expensive compared to any other country in the world, reported TOI.

We take a look at how India became the country with the costliest cooking gas and the second biggest consumer of LPG.

 

 

LPG PRICES GO THROUGH THE ROOF

WHY THE COOKING GAS IS GETTING COSTLIER

Increase in crude prices, rising inflation and the Russia-Ukraine war have contributed to rising LPG prices.

Photo: PTI

INDIA BECOMES SECOND LARGEST LPG CONSUMER

BURDEN ON COMMON MAN

Photo: PTI

Read more!

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