For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Govt To Likely Junk Monthly Hike In LPG Price

|

Earlier the government weighed on the premise of waiving LPG subsidy for those with four-wheelers and this time around as a relief to LPG consumers, the Centre may junk increase in gas prices on a month on month basis.

Govt To Likely Junk Monthly Hike In LPG Price
 

After hiking the price since July 2016, the state run companies including HPCL, IPOC and BPCL have suspended the monthly revision in LPG rates since October this year.

The hike is effected on first of every month by national oil companies to eliminate subsidy extended by the government by the year 2018.

From November 1, the price of subsidized LPG is Rs. 495.69 with an increase of Rs. 4.5 in price for each cylinder.

This is also aimed at as is it is seen against the Centre's Ujjwala Policy which intends to provide free cooking gas connections to the poor class.

With this a hike in price of Rs. 4 per month per cylinder is withdrawn by the government.

With Inputs From PTI

Read more about: cooking gas lpg ujjwala scheme
Story first published: Thursday, December 28, 2017, 16:09 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more