Non-Subsidised LPG price hikes for fifth consecutive month, gets costlier by Rs 19 per unit

0
189

New Delhi | Jagran News Desk: The price of non-subsidised LPG (Liquified Petroleum Gas) or cooking gas has increased with effect from January 1, 2020. The price has been hiked by Rs 19 per cylinder by India Oil Corporation, which supplies LPG under the Indane brand. It marks the fifth straight monthly hike in prices. With effect from January 1, the non-subsidised LPG rates have reached to Rs 714 per cylinder in Delhi. In December, the price had stood at Rs 695 per cylinder, as per IOC’s website. The price rise in Mumbai, Kolkata and Chennai is Rs 19.5, Rs 21.5 and Rs 20 respectively. As of now, the price stands at Rs 685, Rs 747 and Rs 734 per cylinder.
Earlier on December 1, the price of 19 kg cylinders were revised upwards to Rs 1.241 per cylinder in Delhi and Rs 1,190 in Mumbai. Since August, the price of 14.2 kg cylinders has been increased by a cumulative Rs 139.5 per unit Delhi and Rs 138 per cylinder in Mumbai. As per a government scheme, government subsidises 12 units of 14.2 kg cylinder per household in 12 months. To fulfill the needs, consumers have to make additional purchases at the market price. The amount of subsidy by the government on these 12 cylinders varies from month to month.
The subsidy amount is dependent on factors such as changes in the average international benchmark LPG prices and foreign exchange rates determine the subsidy amount.
The government had raised train fares between one paise to four paise per kilometer on Tuesday.
Meanwhile, the opposition Congress took the opportunity to criticize the move over the rise in prices of LPG cylinders and railway fares, saying it will be a burden on the common man. Congress spokesperson Sushmita Dev said the hike comes at a time when the economy is in shambles. Question is when will the travesty going to end, Dev asked, asserting that the hike was “injustice towards the poor people”. “Is this a fair new year’s gift to the common man, Congress thinks it is not,” she said.