LPG price hike: Non- subsidised cylinder up by Rs. 93

  • LPG price hike: Non- subsidised cylinder up by Rs. 93
01-11-2017 | Pratidin Bureau. |

Price of Non-subsidised cooking gas LPG has been increased by Rs. 93 per cylinder from Wednesday, the 19th increase in rates since July 2016 when the government decided to eliminate subsidy on it by raising prices every month. At the last revision on October 1 the rate was hiked by Rs. 50. Subsidised LPG price has been hiked by Rs 4.50 per 14.2- kg cylinder.

Also, jet fuel or ATF price was increased by 2 per cent on firming international rates, the fourth straight increase in rates since August, according to price notification posted by state-owned retailers.

The government last year had asked state-run oil firms to raise prices every month to eliminate all the subsidies by March next year. Since the implementation of the policy of monthly increases from July last year, subsidised LPG rates have gone up by Rs. 76.51 per cylinder. A 14.2-kg LPG cylinder was priced at Rs 419.18 in June 2016.

Aviation turbine fuel (ATF) will now cost Rs 54,143 per kilolitre (kl) in Delhi, Rs 1,098 per kl more than Rs 53,045 previously, oil companies said. This is the fourth consecutive monthly hike in ATF price, the last being 6 per cent (Rs 3,025 per kl) on October 1.

There are as many as 18.11 crore customers of subsidised LPG in the country. These include over 3 crore poor women who were given free connections during the last one year under the Pradhan Mantri Ujjwala Yojna. There are 2.66 crore users of non-subsidised cooking gas.

Tags : LPG price hike Non- subsidised cylinder Centre


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