LPG Price Cut Expected on May 1? Big Relief Likely for Consumers Amid Inflation Surge

New Delhi After a harsh start to the new financial year with price hikes across essential commodities, Indian households might finally get some respite. As per media reports, LPG gas cylinder prices are expected to be reduced by up to ₹50 from May 1, 2025. While an official confirmation is still awaited from Indian oil companies, the buzz has ignited hope among millions of families relying on LPG for daily cooking needs.

Possible LPG Cylinder Price Cut What to Expect

• Expected Reduction: Up to ₹50 per 14.2 kg LPG cylinder

• Reason: Government intervention amid rising inflation pressure

• Current Average Price: Over ₹850 (varies by state and subsidy)

• Effective Date: Likely from May 1, 2025 (if confirmed)

If implemented, this would be the first price drop in months, reversing the recent hike that had burdened household budgets.

Why May 1 Is Important for Price Revisions

• First day of the month: Indian Oil Marketing Companies (OMCs) typically revise fuel and gas prices on the 1st of every month

• May 1 also often brings new policy updates and regulatory changes from the government or public sector entities

• Timing coincides with broader government efforts to manage inflation before key state elections

Who Will Benefit?

• Over 30 crore households using 14.2 kg domestic LPG cylinders

• Especially helpful for middle- and lower-income groups, where cooking gas constitutes a major monthly expense

• Subsidy-eligible users may receive additional relief based on government policy

Recent Price Trend

• LPG prices had remained stable for several months before a recent hike in April 2025

• That hike raised domestic cylinder rates by ₹50 to ₹100 in some regions

• The expected May revision is seen as a course correction to ease public dissatisfaction

Official Announcement Awaited

As of now, there is no official statement from Indian Oil Corporation (IOC), Bharat Petroleum (BPCL), or Hindustan Petroleum (HPCL). Industry insiders suggest that internal evaluations are ongoing, and a final rate sheet could be released by April 30 evening or early morning on May 1.

Bottom Line

If LPG prices are indeed slashed by ₹50 on May 1, it will come as welcome news for millions of households, especially amid high food prices and economic pressure. Whether this cut is temporary relief or part of a broader policy will depend on how inflation behaves in the coming months.