rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » News » LPG rate hiked by Rs 11.42; petrol, diesel hike may follow

LPG rate hiked by Rs 11.42; petrol, diesel hike may follow

Last updated on: October 6, 2012 17:52 IST

LPG price hiked by Rs 11.42; petrol, diesel rates may go up

     Next

Next

Cooking gas price was on Saturday hiked by Rs 11.42 per cylinder following government decision to raise commission paid to the dealers.

Subsidised LPG in Delhi will now cost Rs 410.42 per cylinder, up from Rs 399. In Kolkata the new price is Rs 412.42, in Mumbai Rs 434.42 and in Chennai Rs 397.92.

Petrol and diesel prices too may go up marginally as the Oil Ministry considers raising dealers commission by at least 23 paisa and 10 paisa a litre respectively.

The ministry on Friday issued orders raising commission paid to LPG dealers from Rs 25.83 per 14.2-kg cylinder to Rs 37.25, government officials said.

Click on NEXT to read further...

 




     Next

LPG price hiked by Rs 11.42; petrol, diesel rates may go up

Prev     Next
Prev

Next

The 44 per cent or Rs 11.42 per cylinder increase in the commission on the subsidised cooking fuel is being passed on to consumers, they said.

For the consumer, subsidised LPG in Delhi will now cost Rs 410.42 per cylinder, up from Rs 399.

The hike comes within weeks of the government deciding to restrict supply of subsidised cooking gas to 6 cylinders of 14.2-kg size per household in a year. The remaining supplies would have to be sourced at market rates.

Officials said the commission paid on market price or non-subsidised LPG too has been raised by Rs 12.17 to Rs 38 per cylinder. Accordingly, a non-subsidised LPG cylinder price will go up from Rs 883.5 to Rs 921.5.

Click on NEXT to read further...



Tags: LPG , Delhi

Prev     Next

LPG price hiked by Rs 11.42; petrol, diesel rates may go up

Prev     More
Prev

More

A similar exercise is on to raise commission paid to petrol pump dealers on sale of petrol and diesel.

The ministry is proposing to raise commission paid on petrol by 23 paisa to Rs 1.72 and that on diesel by 10 paisa to Rs 1.01 a litre.

The hike being considered for petrol and diesel is less than 67 paisa and 42 paisa respectively being demanded by petrol pump dealers in view of their working capital cost going up substantially due to frequent price changes and sharp rise in overheads like electricity charges.

 



Tags: LPG

Prev     More
© Copyright 2014 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.