Subsidised LPG to get costly by Rs 2 every month

Subsidised LPG price hiked by Rs 1.93 per cylinder

About Subsidised LPG The government has decided to raise the price of LPG (Subsidised cooking gas) price was hiked by Rs 1.93 per cylinder on Monday. A subsidised 14.2-kg cylinder will now cost Rs 423.09 in Delhi as against Rs 421.16 previously, according to state- owned oil firms.

This is the second time increase in a monthly subsidised cooking gas. LPG rates were last hiked by Rs 1.98 per 14.2-kg cylinder on July 1.

The near Rs 2 per cylinder hike in LPG every month is also aimed at doing so. In case of kerosene, the government has allowed state-owned oil companies to raise the price by 25 paise per litre each month for 10 months. The first hike in kerosene rate happened last month and the second was effected Monday. in Delhi a litre of kerosene now costs Rs 15.46 .
Simultaneously, the oil firms cut prices of non-subsidised LPG, which consumers buy after exhausting their quota of 12, by Rs 50.5 per 14.2-kg cylinder.
Non-subsidised cooking gas (LPG) now costs Rs 487 in Delhi as against Rs 537.50 per cylinder and In Hyderabad Hyderabad, 14.2 kg LPG gas cylinder price is Rs. 448.50 with government subsidy and Rs. 603.50 for unsubsidised cylinder.  previously. Rates were last reduced on July 1.

Also, the aviation turbine fuel (ATF) price was cut by 4.2 per cent, reversing a five month upward trend. ATF, or jet fuel, price in national capital was cut by Rs 2,080.5 per kilolitre (kl), or 4.2 per cent, to Rs 47,206.68, oil companies said.

This reduction reverses five straight monthly increases in rates, last being on July 1 when prices were hiked by 5.5 per cent.
In the five increases, ATF (aviation turbine fuel) rates have gone up by 25 per cent, or Rs 9,985.87, per kl since March. ATF rates differ at different airports because of differential local sales tax or value-added tax (VAT). Jet fuel constitutes over 40 per cent of an airline’s operating cost and the latest price reduction will give relief to cash-strapped carriers.