Thursday, December 12, 2024
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Govt hikes LPG price

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New Delhi: Cooking gas (LPG) price was on Saturday hiked by Rs 11.42 per cylinder following government decision to raise commission paid to the dealers.

Subsidised LPG in Delhi will now cost Rs 410.42 per cylinder, up from Rs 399. In Kolkata the new price is Rs 412.42, in Mumbai Rs 434.42 and in Chennai Rs 397.92.

Petrol and diesel prices too may go up marginally as the Oil Ministry considers raising dealers commission by at least 23 paisa and 10 paisa a litre respectively.

The Ministry on Friday issued orders raising commission paid to LPG dealers from Rs 25.83 per 14.2-kg cylinder to Rs 37.25, government officials said.

The 44 per cent or Rs 11.42 per cylinder increase in the commission on the subsidised cooking fuel is being passed on to consumers, they said.

The hike comes within weeks of the government deciding to restrict supply of subsidised cooking gas to 6 cylinders of 14.2-kg size per household in a year. The remaining supplies would have to be sourced at market rates.

Officials said the commission paid on market price or non-subsidised LPG too has been raised by Rs 12.17 to Rs 38 per cylinder. Accordingly, a non-subsidised LPG cylinder price will go up from Rs 883.5 to Rs 921.5.

The hike being considered for petrol and diesel is less than 67 paisa and 42 paisa respectively being demanded by petrol pump dealers in view of their working capital cost going up substantially due to frequent price changes and sharp rise in overheads like electricity charges.

BJP’s nationwide protest on Oct 12 : BJP Mahila Morcha national president Smriti Irani, meanwhile, said the party’s women’ wing will organise a nationwide protest on October 12 against cap on subsidised LPG cylinders and hike in cooking gas price. “The Jan Akrosh rally against limit of six subisidised LPG cylinders and increase of Rs 11.42 in cooking gas will be organised at district level,” Ms Irani told reporters here. (Agencies)

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