Subsidised LPG prices rise 13% in 6 months
NEW DELHI: Subsidised cooking gas prices have risen by Rs 62 per cylinder, or 13%, in six months — a fact gone unnoticed as oil companies stopped publishing prices — following a government drive to cut fuel subsidy.
The decision to cut gas subsidy would leave the government with more resources to spend elsewhere in a year when revenue collections are behind targets, but would hurt households facing a five-year-high inflation.
