2.11.17

LPG, jet fuel prices hiked

LPG price was hiked by Rs.4.50 per cylinder, the 19th increase in rates since July 2016 when the Centre decided to eliminate subsidy on it by raising prices every month. Also, jet fuel or ATF price was increased by 2% on firming global rates, the fourth increase since August, according to price notification posted by state-owned retailers.

The price of non-subsidised LPG or market priced cooking gas has been hiked by Rs.93 to Rs.742 per bottle. At the last revision on October 1, the rate was up by Rs.50 to Rs.649 per bottle. Subsidised LPG price has been hiked by Rs.4.50 per 14.2-kg cylinder to Rs.495.69.

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