New Delhi: After petrol, now the Union Government is now going to deregulate the price of the LPG cooking gas. However, the Centre will set a boundary for companies to determine the prices, unlike in the case of petrol prices.

This means, every household will get around four to six subsidised LPG cylinders each year. The consumers will have to shell out Rs 720 on the purchase of each additional cylinder.

Finance Minister Pranab Mukherjee led Empowered Group of Ministers (EGoM) will take a decision next week in this regard.

Meanwhile, the roadmap prepared by the petroleum ministry will be tabled in the meeting before EGoM. The Union government intends to implement this scheme across the country by April, 2012.

According to sources, the EGoM will also decide on the number of subsidized cylinders to be provided to households according to their financial background.

For instance, according to present scheme it is proposed that people having their own houses in cities or owning two-wheelers and four wheelers will get 4-6 subsidised LPG cylinder. Whereas, the BPL families will get cylinders only on subsidized rates.

After getting the nod from EGoM, plans are afoot to launch the pilot project in Andhra Pradesh, Hyderabad and Karnataka. According to sources, the decision of reducing the number of subsidized LPG cylinder will affect 50-80 percent families in major cities including Delhi.