In Nagpur the rate of 14.2 Kg non-subsidised LPG cylinder has been cut between Rs 199.50 and set to Rs 590 for this month. Earlier in the Month of April the price of LPG cylinder was Rs 789.50. The rates of LPG cylinders are revised on the first of every month.
Reports of panic buying of LPG cylinders have come in from most parts of the country after the March 25 coronavirus-related lockdown. The price of LPG cylinder in India depends on international benchmark rate of LPG and the exchange rate of the US dollar and rupee.
The central government has started a new Pradhan Mantri Garib Kalyan Yojana (PMGKY) to provide three LPG cylinders free to more than eight crore beneficiaries of the Pradhan Mantri Ujjawala Yojana (PMUY) from April to June this year. Cooking gas is available only at market price across the country and every household can buy 12 cylinders of 14.2kg each at subsidised rates in a year. The subsidy is transferred directly to bank accounts.