Kerala Chief Minister Demands Rollback of LPG Price Hike Amidst Economic Strain
Centre must roll back LPG price hike, says Kerala CM
News 18
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Kerala Chief Minister Pinarayi Vijayan has called for an immediate rollback of the recent LPG price hike, which he claims has severely impacted households and small businesses. The price of commercial LPG cylinders rose by ₹993, now exceeding ₹3,000, placing additional financial burdens on consumers and entrepreneurs.
- 01Kerala CM Pinarayi Vijayan demands rollback of LPG price hike.
- 02Commercial LPG cylinder prices increased by ₹993, surpassing ₹3,000.
- 03The hike affects small businesses and migrant workers significantly.
- 04Vijayan accuses the Centre of prioritizing corporate profits over public welfare.
- 05The increase follows a trend of rising global energy prices linked to the West Asia conflict.
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On May 3, 2023, Kerala Chief Minister Pinarayi Vijayan criticized the Indian government's recent LPG price hike, describing it as one of the most severe increases in history. The price for commercial LPG cylinders surged by ₹993, now exceeding ₹3,000, which he argues will adversely affect the hotel and restaurant sectors. Additionally, the ₹251.50 increase in the price of 5-kg LPG cylinders is expected to impact migrant workers and small families. Vijayan pointed out that this price hike occurred shortly after state Assembly elections, burdening ordinary citizens and small-scale entrepreneurs. He highlighted the ongoing crisis in West Asia, which has already led to a shortage of cooking gas in the hospitality sector. Vijayan accused oil companies of prioritizing profits and urged the Union government to reverse the price hike, emphasizing that the financial strain would ultimately be passed on to consumers and could lead to the closure of small establishments in Kerala.
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The LPG price hike could lead to increased costs for consumers, particularly affecting small businesses and households that rely on LPG for cooking and operations.
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