Amid cap on LPG cylinder, now the government has reduce the burden of common man, cutting price of LPG cylinder by Rs 37.50, while price of diesel for bulk consumers has been hiked by Rs 1 per litre. Read more
Tag: Diesel Hike
LPG price goes up by Rs 11.42, fuel price may too
Hit out more burdens on common men after limit supply of subsidised LPG cylinder to 6 cylinders of 14.2-kg size per household in a year, today government has hiked cooking LPG gas cylinder price by Rs 11.42 each.
Now LPG cylinder will cost in Delhi Rs 410.42 from Rs 399, in Kolkata it will be Rs. 412.42, Mumbai Rs 434.42 and in Chennai Rs 397.92, the biggest bowing fact for public after approval of FDI reforms in retail, insurance and pension. Read more
Diesel price hike by Rs 5/litre, BJP on protest
Diesel Price hiked by Rs 5 per litre, the one of the biggest hit over industrial history in 15 months, by Cabinet from midnight a 14 percent rise, including taxes.
It is for the first time that Cabinet Committee on Political Affairs (CCPA) chaired by Prime Minister Manmohan Singh, raised limit over the supply of sensitive subsidized LPG gas as each family to have 6 cylinders per year, Read more
Price increase in diesel, LPG immediately: Rangarajan
Avoiding impact of wide protest against hike fuel prices, Prime Minister’s Economic Advisory Council Chairman C Rangarajan demanded quick implementation of hike in prices of diesel and LPG cooking gas, in wake to cover all necessary fiscal deficit at 5.1 percent of the GDP during 2012-13.
Mandatory for government expenditures, Rangarajan said, “There is a need to raise the prices because the fiscal deficit can be contained only if we act on cutting subsidies and the most important element in subsidies is the petroleum subsidy. Therefore, there is a need for action with respect to the prices of diesel and LPG.” Read more
