Congress MP Manickam Tagore gives Adjournment Motion notice in Lok Sabha to discuss hike in price of LPG cylinders

FPJ Web DeskUpdated: Tuesday, March 22, 2022, 11:19 AM IST
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Photo: PTI/TV Grab

Congress MP Manickam Tagore on Tuesday gave Adjournment Motion notice in Lok Sabha, to discuss the sudden hike in the price of LPG cylinders, reported news agency ANI.

Petrol and diesel prices were on Tuesday hiked by 80 paise a litre while domestic cooking gas prices were increased by Rs 50 per cylinder, ending an over four-and-half month election-related hiatus in rate revision.

Petrol in Delhi will now cost Rs 96.21 per litre as against Rs 95.41 previously while diesel rates have gone up from Rs 86.67 per litre to Rs 87.47.

Simultaneously, the price of a non-subsidised LPG cylinder has been increased to Rs 949.50 for each 14.2-kg bottle in the national capital.

While LPG rates were last revised on October 6, 2021, petrol and diesel prices had been on a freeze since November 4 as five states including Uttar Pradesh and Punjab went to polls.

LPG prices had gone up by close to Rs 100 per cylinder between July and October 6, 2021, before criticism halted the revision in rates.

Both LPG and auto fuel prices had been on a freeze since then despite the cost of raw material spiralling, first because of demand returning with economies globally rebounding from the pandemic induced slowdown and then due to the Russia-Ukraine conflict.

Non-subsidised cooking gas is the one that consumers buy after exhausting their quota of 12 cylinders at subsidised or below-market rates.

However, the government pays no subsidy on LPG in most cities and the price of the refill that consumers, including the poor women who got free connection under the much-talked Ujjwala scheme, is the same as non-subsidised or market price LPG.

Since June 2017, petrol and prices are to be adjusted daily in line with the benchmark international rate in the preceding 15 days.

But rates have been on the freeze since November 4, 2021, just after the Narendra Modi government cut excise duty on petrol by Rs 5 per litre and that on diesel by Rs 10 a litre to bring down rates from record-high levels. Most state governments too lowered local sales tax or VAT.

(With inputs from PTI)

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