INDIA: Domestic LPG prices hiked fourth time in a row since March; this time, the rate increased by Rs 50. Since the increase, now a 14.2-kg refill will cost Rs 1,053 in Delhi, Rs 1,052 in Mumbai, Rs 1,079 in Kolkata and Rs 1,068 in Chennai. Rates may vary in different states because of differences in local levies.
India witnessed a hike in petrol prices and last month’s imposition of GST on condiments and daily commodities. OMCs typically revise LPG cylinder prices on the first and fifteenth of each month, but the LPG price increased by Rs 50 per cylinder on March 22 and continued through May 7.
Broods across the country have to shell out non-subsidised prices for LPG, as the Centre has refrained from subsidy to beneficiaries of the “PM Ujjwala scheme”. Aside from domestic LPG, the price of a 19 kg commercial cylinder has decreased by Rs 8.50 and will cost Rs 2012.50 per cylinder in Delhi, as per the IOC data.
Check the data: the rate of domestic 14.2 kg LPG cylinders was increased by Rs 50 effective from July 6, Wednesday, whereas the price of a 5 kg domestic cylinder was increased by Rs 18. In May, the rates of domestic LPG cylinders intensely uptick twice, preparatory Rs 50 on May 7 and aftermath by Rs 3.50 on May 19.
Opposition parties condemned the ruling parties for the decision to raise the prices of both domestic and commercial LPG cylinders for quite some time.
In the recent week, Congress attacked the Centre over high LPG prices, claiming that it was creating two different India’s: first, some common people in India can’t afford a single refill of a domestic LPG cylinder, whereas others can afford everything without a second thought.
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