New Delhi: The prices of non-subsidised LPG cylinders saw a sharp hike on Wednesday across metro cities. The prices had earlier risen by Rs 19 per cylinder on the back of a rise in international rates in January.
In Delhi, the price of non-subsidised 14kg Indane gas is now Rs 858.50 after an increase of Rs 144.50). In Kolkata, the price is Rs 896, Rs 829.50 in Mumbai and in Chennai, it is Rs 881.
In India, which is dependent on imports to meet 84 per cent of its oil needs, prices of domestic fuels are at par with benchmark international prices.
LPG, as well as ATF prices, are revised on 1st of every month based on the average international rate for benchmark fuel and foreign exchange rate in the preceding month.
Fuel retailers revise the prices of LPG cylinders every month. Fuel retailers sell LPG cylinders at the market price but the government subsidises 12 cylinders each household per year by providing direct subsidy.
Shiv Sena leader Priyanka Chaturvedi was quick to attack the government over the hike and rising prices.
महंगाई की मार ! भाजपा ने कहा हमें वोट दो...मोदीजी ने कहा सब्सिडी छोड़ दो आज Indane gas वालों ने कह दीया के पैसे और दो एक दिन आयेगा जब सरकार कहेगी के सब किए गए वादों को ही गोली मार दो!*with due apologies to the writer of Devdas’ famous dialogue https://t.co/DjUzW6RoOv— Priyanka Chaturvedi (@priyankac19) February 12, 2020
Bahujan Samaj Party chief Mayawati called the move "cruel", saying that this will further increase the worries of common people who are already facing extreme inflation.
"Today the price of non subsidized LPG cylinder was increased around Rs 150. This is a cruel step taken by the government as people are already facing extreme inflation. It will be better if the central government should work as per the guidelines laid down in the Constitution of India, Mayawati said.
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