The price of a Litro gas cylinder will be reduced by Rs. 200-300 from midnight today (08), it is reported.
It is also said that the cabinet paper on the price revision of Litro gas is scheduled to be presented to the cabinet today (08).
The Finance Ministry has already confirmed that there would be a revision in gas prices from midnight today (08).
The reason for the price reduction is that Litro gas had made substantial profits since the month of July.
It is also reported that with Litro making profits it has started paying off its debts by now.