The Centre has reduced the price of 19kg commercial cylinders by Rs 200 in Delhi and Kolkata, providing much-needed relief to restaurants, hotels, and other establishments after months of surging prices amid the Iran war. As per the latest update, the price of a 19-kg commercial LPG cylinder has been reduced by Rs 202 in Delhi and Rs 209 in Kolkata, with the revised rates taking effect immediately.
According to news agency ANI, under the new rates, a commercial LPG cylinder will cost Rs 2,872.50 in Kolkata. This price reduction is applicable solely to commercial LPG cylinders used by businesses. The sources also indicated that there has been no alteration in the prices of 14.2-kg domestic LPG cylinders supplied to households.
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Second Consecutive Reduction
The latest price update marks the second consecutive reduction in commercial LPG prices after a similar reduction in July, partially reversing the steep increases seen in recent months as global LPG prices remained high amid supply concerns linked to the Iran war and the wider West Asia crisis.
PM Held Meeting Assessing Fuel Supply
The development comes two days after Prime Minister Narendra Modi conducted a nearly two-hour high-level meeting in Parliament on Thursday with senior ministers and top officials to assess the country's preparedness in the wake of the escalating conflict in West Asia.
The high-level meeting was attended by Union Home Minister Amit Shah, Defence Minister Rajnath Singh, External Affairs Minister S Jaishankar, Finance Minister Nirmala Sitharaman, Petroleum Minister Hardeep Singh Puri, Commerce Minister Piyush Goyal, Shipping Minister Sarbananda Sonowal and National Security Advisor Ajit Doval, among others.
In the meeting, all ministries presented updates on the measures taken to manage the situation, while the overall fuel supply position was reviewed in detail. The government maintained that there is no shortage of LPG, petrol or diesel in the country despite the geopolitical tensions.