Today's Paper Archive Subscriptions RSS Feeds Site Map ePaper Mobile Apps Social
SEARCH

Cities » Delhi

Updated: January 2, 2014 22:11 IST

Non-subsidised LPG costlier by Rs. 220

Special Correspondent
Share  ·   Comment (1)   ·   print   ·  
This is the third time in a month the price of non-subsidised cooking gas cylinders is being increased. File photo
This is the third time in a month the price of non-subsidised cooking gas cylinders is being increased. File photo

State-owned petroleum companies on Wednesday hiked the price of non-subsidised cooking gas cylinders by Rs. 220 a piece. A cylinder will now cost Rs. 1,241 in Delhi. The government subsidises nine cylinders a year for each household. Families requiring more cylinders will have to buy them at market rates.

Third hike in a month

This is the third time in a month the price of non-subsidised cooking gas cylinders is being increased.

The decision to go ahead with the hike was taken as international prices are on an uptrend.

On December 11, the government also increased by Rs. 3.51 per cylinder the commission for LPG dealers and distributors.

The state-owned petroleum companies revise prices of cooking gas cylinders on the 1st of every month, based on the average imported cost and the rupee-dollar exchange rate during the previous month.

More In: National | News | Delhi

The steep difference in the prices of subsidised and non-subsidised
gas cylinders leads to unhealthy trade practices. The government has
to have adequate machinery and effective mechanism to check such
practices. If the past experiences are any guide, the dual pricing had
always led to corrupt practices. The government needs to strengthen
and streamline the mechanism to monitor and check illegal diversion of
subsidised gas cylinders to the open market. The government should
take all the steps to minimise the subsidies and reduce avoidable
expenditure in the public sector oil companies.

from:  K V Laxmi Prasad
Posted on: Jan 1, 2014 at 21:14 IST
This article is closed for comments.
Please Email the Editor

Delhi Connect Newsfeed



O
P
E
N

close

Recent Article in Delhi

Progressive judgment, says activist

“Today will be remembered as a Gold Letter Day. India truly is a democracy where rights of all individuals are protected.” When Lakshmi... »