Rates of domestic gas cylinders go further up-Commercial gas cylinder rates also increased

Rates of domestic gas cylinders go further up-Commercial gas cylinder rates also increased

From 825.50 to 850.50, LPG prices have become extremely high since December tearing up the pockets tremendously.
 
Rates of domestic gas cylinders go further up-Commercial gas cylinder rates also increased

-As per sources, the finance ministry is holding discussions to drop the prices of fuel.

-More so, the automobile industry is still happy as car sale has gone up by more than 23 percent.

Common man’s pocket is at risk, the hole has increased to an un-repairable extent and the kitchen of common man bears a troubled expression. Rates of domestic gas have gone up so high that the kitchen is at stake. From 825.50 to leaping by 25 steps on the rate ladder, cooking gas cylinder will now cost Rs 850.50.

Gradually leaping to 150 rupees since December 2020, where petrol and diesel rates have also gone to an unimaginable high, cooking gas has gone so high up that it is difficult to plan the household budget in the pandemic era. The fuel companies have raised the rates of commercial cylinders as well by 95 rupees. The subsidy is also at stake and people will not be getting any subsidy even this month.

(As per information, the base price of a gas cylinder is 520 rupees and 303 rupees subsidy is going to the government along with 5 percent GST. This means that around 44 crore rupees are going to the government out of which 50 percent goes into the account of the state government.)

Sources have also revealed that the government is holding discussions to reduce the excise duty on fuel which will result in reduction in prices of petrol and diesel. The government is discussing this issue with the oil companies so that some relief can be given to the common masses.

As per the automobile companies, the increased prices of fuel have not affected the automobile sale. An increase of more than 23 percent was recorded in the sale of cars and 2-wheelers in the month of February.

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