Gas companies have made a significant announcement today as the Tamil Goodreads site last week predicted a cylinder price hike ahead of the Diwali festival.
With the aim of reducing the burden on the people before the Deepavali festival, the gas companies have only increased the price of commercial cylinders without raising the price of cooking cylinders used at home.
Cooking gas prices
Due to the huge increase in the price of cooking gas in the international market, the gas companies have been forced to raise the price of petrol and diesel in India as well as the price of a cylinder.
Subsidy
The only way for gas and fuel companies to adjust prices in India in line with international market prices is to increase prices as the federal government completely eliminates subsidies for gas and fuel.
Petrol and diesel prices
While petrol companies are changing petrol and diesel prices on a daily basis, they are only raising the price of cylinders after the approval of the central government. Thus after several days of waiting it has now raised the price.
Commercial LPG cylinder
The price of a commercial LPG cylinder has gone up to Rs 14 per kg, according to an announcement by gas companies today. As a result, the price of a commercial LBI cylinder weighing 19 kg has gone up by Rs 266 in Delhi.
Delhi price situation
As a result, the price of a commercial LBI cylinder, which was Rs. 1734, has now gone up to Rs. 2000.50. But there is no change in the price of a cylinder used at home.
Indirect impact on people
Although the price of a cylinder used at home has not gone up, people will be indirectly affected by the rise in the price of a commercial cylinder. As people buy more and more food items during the Deepavali festival, the current rise in prices is likely to push up the prices of all commodities.
Cylinder price hike by Rs 305 in a year .. Ordinary people shed tears ..!
Saudi Arabia
The LBI price of Saudi Arabia has risen sharply, from $ 483 a metric tonne in May to $ 797 in October. As a result, oil companies in India are currently raising the price of cooking cylinders.
Petroleum companies
Indian Oil, Hindustan Petroleum and Barth Petroleum have raised the price of cooking gas by Rs 15 a liter as they could not bear the burden. This directly affects the common people. Further cooking gas price hikes are expected to continue for the next few months.
Chennai, Bangalore, Mumbai Price
The price of a cooking cylinder in the national capital, Delhi, has gone up to Rs 899 today. Similarly in Tamil Nadu it has risen to 915.50 rupees. 899 in Mumbai and Rs. 902.5 in Bangalore.
AAM admi Party
Aam Aadmi Party (AAP) on Twitter today said that the price of a cylinder in India has gone up by around Rs 305 a year. Thanks to Modi ji. Has published a list of when and how much the price has gone up.
Central government
The federal government on the one hand is giving free cylinder connection to the middle and poor people while on the other hand the price of cooking cylinder is increasing. Thus the financial condition of the common people has reached a very bad state.
300 rupees may not be a big deal for many, but it is true that even an income of poor people is not 300 rupees. In this situation how can an ordinary family spend 900 rupees to buy a cylinder and cook food.