Prices of LPG cylinders might go up

Prices of LPG cylinders might go up in the capital with the cash-strapped Delhi Government mulling doing away with or slashing the subsidy offered on them.

"The issue (whether to continue or reduce subsidy on LPG cylinders) will be discussed in the Cabinet meeting tomorrow," Chief Secretary Rakesh Mehta said but refused to divulge details.

However, officials said the government might completely withdraw current subsidy of Rs 40 per cylinder or cut down the subsidy by Rs 25 and give subsidy of Rs 15 per cylinder.

In case the subsidy is withdrawn, the consumers will have to shell out Rs 320 per cylinder against prevailing rate of Rs 280 and in case the government opts to cut down the subsidy by Rs 25, a cylinder will cost Rs 305, an official said.link