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Govt increases waiting period for LPG cylinder booking to curb hoarding

The government has increased the minimum waiting period for booking a domestic LPG cylinder refill from 21 to 25 days to prevent hoarding, as panic buying triggered a 15-20 per cent surge in demand amid fears of supply disruption due to the Iran war

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Prices of domestic LPG and commercial cylinders were hiked by Rs 60 and Rs 114.5, respectively. Pic/PTI

Prices of domestic LPG and commercial cylinders were hiked by Rs 60 and Rs 114.5, respectively. Pic/PTI

The government has increased the minimum waiting period for booking a domestic LPG cylinder refill from 21 days to 25 days to prevent hoarding, as there were signs of panic buying taking place in the market amid the uncertainties due to the Iran war. 

Officials said that there is a sufficient supply of LPG available in the country, and the booking time for LPG cylinders has been increased as a measure to manage inventory effectively.

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