Comments
A steep hike in cooking gas price was announced on Wednesday, with the cost of a 14.2 kg unsubsidised domestic LPG cylinder being raised to ₹858.50 in the national capital.
On an average, cooking gas price has been raised by ₹146.38 a cylinder across the metros.
The subsidy on cooking gas has also been raised to maintain the effective price of LPG cylinders for recipients. The subsidy outgo to domestic consumers has been doubled from around ₹150 a cylinder to almost ₹300. This has been done to ensure that consumers continue to pay around ₹550 to ₹570 a cylinder for cooking gas across the country.
Till now, petroleum product prices have been revised at the beginning of every month. But it appears that the public sector oil marketing companies shied away from hiking prices in the light of the Assembly elections in Delhi.
Steep hike in cooking gas price across the country
Source: IndianOil
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.