Gas cylinder prices hiked third time in two months

An elderly man unloads an LPG cylinder off a truck, in Guwahati on Wednesday. Pic/ANI

Cooking gas LPG price was hiked by Rs 50 per cylinder on Wednesday, the third increase in rates since May on firming international energy prices. Non-subsidised LPG now costs Rs 1,052.50 in Mumbai per 14.2-kg cylinder, up from Rs 1,003 previously. Slamming the Centre for the price hike, the NCP asked if the money spent on toppling the Maha Vikas Aghadi (MVA) government in Maharashtra was being recovered from citizens.

Common households pay non-subsidised rates for the cooking gas they buy, after the government restricted subsidy to only 9 crore poor beneficiaries who got connections under the Ujjwala scheme.

Also read: Union govt hikes export tax on petrol, diesel and ATF

Mahesh Tapase, chief spokes-person, NCP

Prices have gone up by Rs 244 per cylinder since June 2021. Of this, Rs 153.50 increase happened since March 2022.

Originally, non-subsidised cooking gas was the one that consumers used to buy after exhausting their quota of 12 cylinders at subsidised or below-market rates. However, the government stopped paying subsidy on LPG to households in mid-2020.

A man carries an LPG cylinder in Nadia, Bengal, on Wednesday. Pic/PTI

The Congress also attacked the Centre over the hike, terming it an "anti-people" decision and said the BJP-led government is running a "bulldozer of inflation" over people's budget.

The Opposition party vowed to hit the streets from Thursday against the "Modi-made inflation".

"Today again the price of LPG cylinder has been raise by R50. The price of 5-kg cylinder was also raised by R18. The government is bulldozing people's budget through inflation," Congress general secretary Jairam Ramesh said in a tweet in Hindi.

Rs 244
Hike in domestic LPG since June 2021

Rs 153.50
Rise in domestic LPG cylinder cost since March this year

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever