Indian Oil Corporation Limited (IOC) has cut the price of LPG Cylinder by 10 rupees for its customers from April 1, 2021 (Price Cut). Actually, the oil companies fix the price of LPG cylinder on the 1st of every month.
New Delhi. In the midst of the Corona crisis, a man trapped in financial crises is also facing inflation. Petrol, diesel prices (Petrol-Diesel Price Hike) as well as LPG Cylinder prices (LPG Price) have also increased by Rs 125 during February and March 2021. In such a situation, the Indian Oil Corporation (IOC) has reported a great relief for the common people. IOC informed that LPG Price Cut has been reduced by 10 rupees in LPG Cylinder prices. The new rates will be applicable from tomorrow ie 1st April 2021.
LPG cylinder price increased this year
Within the last few months, the price of LPG was increased so much that people got upset. In the last two months, the price of cooking gas was increased by 125 rupees. Let us know that on February 4, the price of LPG cylinder was increased by 25 rupees. After this there was a jump of 50 rupees on 15 February. Then on 25 February, 25 rupees and on 1 March, the same rupees were increased. After this, everyone was hoping that now the price of LPG will be cut in April 2021.
Reduction reduced, yet common man will get relief
Oil companies fix new prices of cylinders on the 1st of every month. According to the announcement of Indian Oil, now from April 1, 2021, you will have to pay 10 rupees less for domestic LPG cylinder. However, compared to the increase in the price of gas cylinders in the last few months, this drop in price is very less. Nevertheless, the common people facing inflation can get some relief from it.
