The news of a Rs 25 hike in Liquified Petroleum Gas (LPG) cylinder prices on Tuesday put a damper on the celebrations of countless households.
With the latest hike effect from August 17, the price of non-subsidised 14.2 kilogram LPG cylinder will cost Rs 859.50 in Delhi and Mumbai followed by Kolkata at Rs 886 per cylinder.
The Cooking gas prices vary in different parts of the country due to local taxes.
Prices had been hiked multiple times since December last year. Earlier on July 1, the price of the LPG cylinder was increased by Rs 25.50 while on August 1, the prices of the 19-kg commercial LPG cyclinders were hiked but the domestic cylinder rates were remained unchanged.
Already reeling from the economic challenges of Covid second wave and rising fuel prices, families have been dealt a heavy blow with the latest increase in LPG cylinder prices.
The latest hike has left consumers an anxious lot, with several rural households turning to firewood once again but, however, the urban population has no such reprieve, the Hindu reported.
Currently, the government provides 12 subsidised LPG cylinders of 14.2 kilograms to a household every year and the subsidy amount on it provided by the government varies from month to month.
The previous month of July had leave a lot of holes in the pockets of the common man already battling the Covid pandemic after hikes in Amul milk price and the LPG cylinder. If this wasn’t enough, the bank service charges on withdrawals more than a free four times had also imposed a hefty charge for SBI account holders. It was the situation of common man excluding the fuel prices hike which seem to be headed for the sky with no stop in between.
It has become difficult to manage the household budget amid the reduced income hit by the Covid pandemic. A sky-high rise in the prices of vegetables, edible oil, pulses, fruits, LPG etc. has been recorded in the last six months and there has been a further decline in income in the Covid second wave.