š„ Cooking Gas Pinches Pockets: LPG Prices Shoot Up by ā¹50! šø
- MediaFx
- 6 hours ago
- 2 min read
TL;DR: Hold onto your wallets, folks! Starting April 8, 2025, LPG cylinder prices are set to jump by ā¹50. This hike affects both Ujjwala scheme beneficiaries and regular consumers, adding to the financial strain on many households. Let's dive into the deets!
What's Cooking? LPG Prices on the Rise! š²š
In a move that's sure to heat things up, the government has announced a ā¹50 increase in LPG cylinder prices effective April 8, 2025.Ā For our friends under the Pradhan Mantri Ujjwala Yojana (#PMUY), this means shelling out ā¹550 per cylinder, up from ā¹500.Ā For others, it's a jump from ā¹803 to ā¹853 per cylinder.Ā
Why the Sudden Hike? š¤š
Union Petroleum Minister Hardeep Singh Puri spilled the beans, citing the need to recover losses incurred by oil marketing companies (#OMCs) due to previous subsidized rates.Ā He mentioned that international LPG prices have skyrocketed from $415 per metric ton to $712 per metric ton, and the government had been absorbing these costs.Ā But now, it's time for consumers to bear some of the brunt.Ā
Excise Duty Drama: Petrol & Diesel Also in the Mix! ā½š
Adding fuel to the fire, the government has also hiked excise duty on petrol and diesel by ā¹2 per litre.Ā However, Puri assures us that this won't affect the retail prices at the pump.Ā The additional revenue is intended to compensate OMCs for their losses.
The Common Man's Burden: A Socialist Perspective š āļø
This price hike couldn't have come at a worse time for the working class.Ā With inflation already nibbling away at household budgets, an additional ā¹50 for a basic necessity like cooking gas is a hard pill to swallow.Ā While the government aims to balance its books, it's the aam aadmi who feels the heat.ā
MediaFx's Take: Time for Equitable Solutions! āš
At MediaFx, we believe that essential commodities like LPG should be affordable for all, especially the working class.Ā Instead of passing the buck to consumers, perhaps it's time for the government to explore alternative solutions that don't burn a hole in the common man's pocket.Ā After all, isn't governance about serving the people first?ā
We Want to Hear from You! š£ļøš¬
How is this LPG price hike affecting your household budget? Do you think the government's move is justified, or is it time for a policy rethink? Drop your thoughts in the comments below and let's get the conversation started! šš
