Hike in LPG rates to affect only 1% of consumers, says
government
03/07/2014 18:09
Days after the price of non-subsidised cooking gas (LPG) was hiked by Rs 16.50 per cylinder, the government today said the increase will impact less than 1 per cent of the consumers, reported PTI. The price of non-subsidised LPG, which customers buy after using up their quota of 12 subsidised cylinders, was raised to Rs 922.50 per 14.2-kg cylinder in Delhi on July 1, the first hike in six months, as per the media reports. "More than 99 per cent customers use less than 12 cylinders per year and thus will remain unaffected by this hike. This price increase will affect only less than 1 per cent of consumers who consume more than 12 cylinders per annum," an official statement said. While the price of subsidised LPG cylinder remains unchanged at Rs 414 per bottle, oil companies revise non-subsidised cooking gas rates every month in step with the cost of production, according to media reports.
03/07/2014 18:09
Days after the price of non-subsidised cooking gas (LPG) was hiked by Rs 16.50 per cylinder, the government today said the increase will impact less than 1 per cent of the consumers, reported PTI. The price of non-subsidised LPG, which customers buy after using up their quota of 12 subsidised cylinders, was raised to Rs 922.50 per 14.2-kg cylinder in Delhi on July 1, the first hike in six months, as per the media reports. "More than 99 per cent customers use less than 12 cylinders per year and thus will remain unaffected by this hike. This price increase will affect only less than 1 per cent of consumers who consume more than 12 cylinders per annum," an official statement said. While the price of subsidised LPG cylinder remains unchanged at Rs 414 per bottle, oil companies revise non-subsidised cooking gas rates every month in step with the cost of production, according to media reports.
