How has the Indian government reduced the price of domestic LPG cylinders

The Centre has announced a reduction of ₹200 in the rate of domestic LPG cylinders.
  • The Indian government has reduced the price of domestic LPG cylinders by ₹200.
  • This reduction was announced by the Centre in an effort to provide relief to households facing financial difficulties due to the COVID-19 pandemic.
  • The price reduction comes as a result of a decrease in the international benchmark rate of LPG and the exchange rate of the US dollar.
  • This reduction has been implemented to benefit the common man and provide them with some respite from the increasing fuel prices.
  • By reducing the price of domestic LPG cylinders, the government aims to alleviate the burden on households and make this essential cooking fuel more affordable.
  • This step by the government is in line with its efforts to address the economic impact of the pandemic and ease the financial strain faced by the citizens.
  • By reducing the price of LPG cylinders, the government aims to ensure that the essential needs of households are met, especially during this challenging time.
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