Subsidised LPG rates now stand at Rs 496.14 per cylinder in New Delhi, Rs 499.29 in Kolkata, Rs 493.86 in Mumbai and Rs 484.02 in Chennai.
Indian Oil is the country's largest fuel retailer which supplies LPG under brand Indane.
Currently, LPG consumers in the country have to purchase the fuel at market prices. The government subsidises 12 cylinders of 14.2 kg each per household in a year by providing subsidy amount directly in the bank accounts.
This subsidy amount depends on changes in the average international benchmark LPG rate and foreign exchange rate.
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