LPG price hiked by Rs2, kerosene by 26 paisa

Subsidised cooking gas (LPG) price was on Monday hiked by about Rs 2 per cylinder and kerosene rate by 26 paisa a litre as government looks to eliminate subsidy on the fuel through small hikes.

LPG price in Delhi was hiked by Rs 1.87 per 14.2-kg cylinder to Rs 442.77 per bottle, according to state-owned oil firms.

Oil firms had last raised price of subsidised cooking gas by Rs 5.57 to Rs 440.90 per 14.2-kg cylinder on April 1. This hike came as the state-owned oil firms on previous two occasions — February 1 and March 1 — did not effect any significant raise in prices in view of assembly elections in states like Uttar Pradesh.