Guwahati: The price of commercial LPG cylinders in Assam has been hiked by Rs 209 with effect from October 1, 2023. This means that a 19-kg commercial LPG cylinder will now cost Rs 1,731.50 in Assam.
Oil Marketing Companies (OMCs) on Saturday hiked the prices of commercial LPG cylinder.
The hike in commercial LPG cylinder prices is likely to have a cascading effect on the prices of goods and services, as businesses will pass on the increased cost to consumers. This could lead to higher prices of food, transportation, and other essential items.
The government has not yet announced any measures to cushion the impact of the hike on businesses and consumers. However, it is hoped that the government will take some steps to mitigate the impact of the hike on the common people.
However, the rates of domestic cylinder haven’t been changed and they will sell at their existing prices.