Concerns Rise Over LPG Price Hike Amid West Asia Crisis
LPG price hike: TS Singh Deo warns of pressure amid West Asia crisis
Asianet Newsable
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Congress leader TS Singh Deo warned that domestic LPG prices may remain high due to the West Asia crisis, urging the government for transparency. The Centre recently raised LPG prices by ₹29 per cylinder, now costing ₹942 in Delhi, amid criticism from opposition leaders.
- 01TS Singh Deo highlighted that the West Asia crisis is likely to keep LPG prices elevated.
- 02The central government increased the price of a 14.2-kg LPG cylinder by ₹29, bringing it to ₹942 in Delhi.
- 03The Petroleum and Natural Gas Ministry claims Indian households pay less for LPG compared to those in neighboring countries and advanced economies.
- 04Karnataka Minister Yathindra Siddaramaiah criticized the price hike, stating it burdens the public and negatively impacts the economy.
- 05Siddaramaiah contrasted the current situation with the Congress-led UPA government's tenure, claiming lower prices for essential commodities then.
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Congress leader TS Singh Deo expressed concerns over the recent hike in domestic LPG prices, which rose by ₹29 to ₹942 for a 14.2-kg cylinder in Delhi. He attributed this increase to the ongoing crisis in West Asia, suggesting that such global economic conditions would keep fuel prices under pressure. Singh Deo urged the central government to be transparent about the economic situation and to inform citizens in advance about potential impacts on prices. The government defended the hike, stating that Indian households still pay significantly less for LPG compared to those in neighboring countries and advanced economies. Criticism also came from Karnataka Minister Yathindra Siddaramaiah, who accused the Modi government of neglecting the common man and burdening the public with rising prices. He claimed that during the Congress-led UPA government, essential commodity prices were significantly lower due to measures like purchasing bonds to subsidize costs.
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The LPG price hike will increase household cooking costs, affecting many families' budgets.
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