The petroleum ministry has increased the commission for distributors of Liquefied Petroleum Gas (LPG) or cooking gas by Rs 11.26 for every 14.2 Kilogram cylinder and Rs 5.63 for every 5 Kg cylinder, effective 1 August.
This is the steepest hike in seven years and will be implemented in phases over three months ending 1 October this year. The hike is based on the recommendations of a study for revision in LPG distributors commission conducted by Indian Institute of Management, Ahmedabad in consultation with the oil ministry’s statistical arm Petroleum Planning and Analysis Cell (PPAC).
Post the revision, the commission will rise to Rs 61.84 Kg for each 14.2 Kg cylinder and Rs 30.92 for a 5 Kg cylinder. Read More