This is the second time when price hiking is taking place in the month of February. The oil marketing companies had increased the price of those cylinders which are non- subsidised LPG cylinders by rupees 25 in metro cities by February 4. By poking at the Central government over the liquified petroleum gas(LPG) domestic cylinder price hike in Delhi, Congress leader Rahul Gandhi on Monday said that the government is looting the public on the basis of this. Taking it to Twitter the same, Rahul Gandhi said ‘Loot from the public, Development of only two’. “He also shared the news clipping which reported on the hike in the LPG cylinder prices”.
The prices of the LPG domestic cylinder in Delhi has been increased by rupees 50 per unit on Sunday. The new price of rupees 769 per 14.2 kilograms in the national capital from 12 am today only. The rise in the price of LPG comes at a time when the petrol and diesel prices have already touched an all time sky. The cooking gas is derived from crude oil and natural gas. According to the viewpoint of a mediocre family it is a very unhappy decision as already there are many expenses problems which are faced in day to day life by a medium earning family.
The price of LPG gas cylinders is determined by the state-run oil companies and is revised on a monthly basis. Households in India are allowed a maximum of 12 LPG cylinder purchases per year at subsidised rates. Cylinders have to be bought at full prices at the time of purchase,and the subsidy is then credited to the customer’s bank account by the government. According to the country’s largest oil company Indian Oil Corporation (IOC), a gas cylinder without subsidy in Delhi will now cost rupees 769.