Subsidised LPG, kerosene, Aviation fuel prices hiked

New Delhi: The oil marketing companies(OMCs), on Saturday, hiked the fuel prices, including that of aviation turbine fuel (ATF). OMCs revise rates of LPG, Kerosene and ATF on the first of every month, based on global oil prices and the foreign exchange rate.

The current hike is the seventh consecutive increase in cooking gas cylinder prices — a subsidised 14.2 kg cylinder will become expensive by Rs 2 to Rs 434.71 in Delhi, as against Rs 432.71 earlier.

In a move to reduce its LPG subsidy outgo, the government had, in July, decided on small hikes of around Rs 2 per cylinder every month.

The price of non-subsidised LPG, which consumers buy after exhausting their quota of 12 cylinders in a year, was also hiked on Saturday by Re 1 to Rs 585.

Kerosene will became dearer by 26 paisa to Rs 19.43 per litre in Kolkata.The ATF, or jet fuel, will be hiked by 8.60% to Rs 52,540.63 per kl in Delhi. Prices vary at airports depending on local taxes. A litre of kerosene now costs Rs 18.28 in Mumbai. Delhi is a kerosene-free state and subsidised PDS kerosene is not sold in the national capital anymore.

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Source:Zeenews

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