Govt says it absorbed over Rs 700 per LPG cylinder to keep prices lower for domestic consumers
New Delhi, July 23 -- The government on Thursday said domestic LPG cylinders carried an implicit subsidy of more than Rs 700 per 14.2 kg cylinder in June this year despite a sharp rise in international LPG prices triggered by the West Asia crisis, helping keep retail prices affordable for consumers.
In a written reply to a question in the Lok Sabha, Minister of State for Petroleum and Natural Gas Suresh Gopi said, "The Retail Selling Price of domestic LPG is being maintained at Rs. 942 per 14.2 Kg cylinder, carrying an implicit subsidy (under-recovery) of more than Rs 700 per 14.2 Kg cylinder, in June 2026. Even for the month of July 2026, the implicit subsidy on each 14.2 Kg domestic LPG cylinder is more than Rs 500 per cylinder."
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