LPG Price Hike: The people living in the national capital Delhi have again got a shock of inflation. In fact, IGL has increased the price of piped cooking gas in Delhi by Rs 2.63 per unit due to rising raw material cost. According to IGL, the price of PNG will be Rs 50.59 per unit in Delhi and Rs 50.46 per unit in Noida- Greater Noida and Ghaziabad. Whereas in Gurugram people will have to pay Rs 48.79 per SCM.
The production cost will be partially compensated.
IGL on Friday tweeted that this hike will partially offset the increase in the cost of production of gas. It is noteworthy that the government has made it necessary to use expensive imported LNG to meet the increased demand. Due to this the price of gas has increased. Public sector company GAIL fixes rates on an average of locally produced and imported gas before supplying it to city gas distributors. The prices of PNG have also increased in other cities of the country. However, IGL has not increased the prices of CNG. The price of CNG has been kept at Rs 75.61 per kg.
LPG price increased by 30% in one year
The record price of LPG LPG has spoiled the budget of the common man. Especially the poor section is feeling its heat more. The total increase in the last one year has gone up to Rs 244 or 30 per cent. The cost of non-subsidized LPG cylinders (excluding poor women beneficiaries of Ujjwala scheme) has now gone up to Rs 1,053. Ujjwala beneficiaries will have to pay Rs 853 per cylinder. At the same time, in the last three months, the price of a cylinder of LPG without taxes has increased by Rs 150, and the overall increase has been around Rs 160.
Continuous increase in the price of CNG In recent times, the price of CNG has also been increased continuously. In Lucknow also, the price of petrol and CNG has come almost at par. CNG has already overtaken the price of diesel. Recently, Mumbai-based gas distributor Mahanagar Gas Limited has increased the price of CNG by Rs 6 per kg. Along with this, it has been announced to increase the price of piped natural gas (PNG) by Rs 4 per unit with immediate effect. This is the second hike in prices in a month.
Cut in Aircraft Fuel (ATF) Prices The prices of aircraft fuel (ATF) in the country were cut by a whopping 12 per cent on Monday. This is the biggest ever cut in ATF. The reduction came amid prospects of a fall in international crude oil prices. In the national capital, the price of ATF was cut by Rs 16,232.36 per kl or 11.75 per cent to Rs 121,915.57 per kl. This is the biggest reduction in rates so far. Earlier on July 16, there was a decrease of Rs 3,084.94 per kiloliter (2.2 per cent).
With this, the price of 19 kg commercial LPG cylinder has been reduced by Rs 36 to Rs 1,976.50. Commercial LPG is used by hotels, restaurants and other commercial establishments. This is the fourth cut in commercial LPG rates since May. Overall the prices have come down by Rs 377.50 per cylinder. There is no change in the price of LPG gas used in domestic cooking. The price of a 14.2 kg domestic LPG cylinder in the national capital is Rs 1,053.
