All-round hit of price hiking : After LPG, CNG-PNG prices have increased, Delhi-NCR will have to pay increased price from 6 am today.
Compressed natural gas (CNG) and piped natural gas (PNG) prices have also increased in Delhi-NCR amid rising prices of petrol and diesel. CNG has been increased by 70 paise and PNG by 91 paise. Now CNG Rs. 43.40 in Delhi Rs 28.41 per kg and PNG. Rate per SM (standard cubic meter). The increased prices will be applicable from 6 am on Tuesday.
The prices of CNG and PNG have been increased by IGL (Indraprastha Gas Limited). The increase in prices is attributed to the increase in IGL's operational cost, manpower cost and fixed cast. Petrol and diesel are also touching new heights. LPG rates have also been increased. In such a situation, the price hike of CNG and PNG will prove to be a burden on the people living around Delhi-NCR.
694 in January Gas cylinder is now Rs 819. Became of
Government oil companies raised gas cylinder prices on Monday. The price of 14.2 kg non-subsidized cylinders was increased by up to Rs 25. In Delhi, the non-subsidized LPG cylinder now became expensive by Rs 25 to Rs 819, earlier it was Rs 794. LPG cylinder has become expensive by Rs 125 in 2021 itself. On January 1, it was priced at Rs 694, which is now Rs 819.Government oil companies have increased the price of gas cylinders today. The price of 14.2 kg non-subsidized cylinder has been increased by up to Rs 25. In Delhi, the subsidized LPG cylinder has now become costlier by Rs 25 to Rs 819, earlier it was Rs 794. LPG cylinder has become expensive by Rs 125 in 2021 itself. On January 1, it was priced at Rs 694, which is now Rs 819.
Cylinder was expensive three times in February
In February, the price of domestic LPG cylinders was increased 3 times. The government had increased the LPG price by Rs 25 on February 4. After that there was an increase of 50 rupees on 15 February and 25 rupees on 25 February.
225 rupees costlier since December 1
Domestic gas cylinders increased from Rs 594 to Rs 644 on 1 December. On January 1, again Rs 50 was increased, after which the cylinder with 644 rupees was increased to 694 rupees. After the increase on February 4, its price has increased from Rs 694 to Rs 719. On February 15, the price increased from Rs. 719 to Rs. 769 and on 25 February, the price went up from Rs. 769 to Rs. 794. Now after today's increase, its price has reached 819 rupees.
Prices were increased twice in December as well
In January, the oil marketing companies did not make any change in the price of LPG. However, the prices of commercial and domestic gas cylinders had increased twice in December. Commercial gas cylinder in Delhi was costlier by Rs 91.50 in December. At the same time, the price of domestic gas cylinder was increased by 100 rupees.
Government gives subsidy on 12 gas cylinders
The government subsidizes 12 cylinders of 14.2 kg for each gas connection in a year. The customer has to pay the price including subsidy on every cylinder. Later the subsidy money is returned to the account. If customers want to take more cylinders than this, then they have to buy it at the market price.
Oil companies review LPG cylinder prices every month. The increase or decrease in these depends on the price of crude oil in the international market and the exchange rate of the US dollar.
Commercial gas cylinders also become expensive
The 19 kg commercial gas cylinder has become expensive by Rs 90.50. Now the price of this cylinder in Delhi has been Rs 1614. Similarly, Mumbai's rate has now come to Rs 1563.50 per cylinder.
Due to heavy tax in the country, petrol prices have crossed Rs 100 per liter in many cities. States levy VAT on this after the Center imposes excise duty on petrol and diesel. In such a situation, experts believe that in states where higher VAT is being charged, the price of petrol above Rs 100 will be a common thing. Petrol prices may soon cross Rs 100 in most cities.
Petrol-diesel becomes 3 times more expensive after tax
On the base price of petrol and diesel, which is now close to 32 rupees, the central government is charging excise duty of 33 rupees on this. After this the state governments charge VAT and cess on their own, after which their price has increased up to 3 times from the base price. In such a situation, it is not possible to reduce the price of petrol without giving relief in tax.