Aam aadmi’s non-subsidised cooking gas price hiked by Rs 50; airline fuel 10 per cent cheaper
Aam aadmi’s non-subsidised cooking gas price hiked by Rs 50; airline fuel 10 per cent cheaper
The ATF (jet fuel) price was slashed on Friday by 10 per cent but the price of non-subsidised cooking gas LPG were hiked by Rs 49.5 per cylinder. Also, the rates of non-subsidised kerosene were cut by Rs1.05 per litre to Rs 43.19 a litre.
Aviation Turbine Fuel (ATF) price in Delhi was reduced by Rs 4,428 per kilolitre (kl) or 9.99 per cent to Rs 39,892.32 per kl, state-run oil companies announced. This is the second reduction in a row. Prices were cut by 1.17 per cent on Decem-ber 1. Rates vary at different airports because of differential local sales tax or value-added tax (VAT).
Jet fuel constitutes over 40 per cent of an airline’s operating costs and the price cut will reduce the financial burden on cash-strapped carriers. No immediate comment was available from airlines on the impact of price reduction on passenger fares.
Simultaneously, the oil firms raised prices of non-subsidised LPG, which consumers buy after exhausting their quota of subsidised cooking fuel, by Rs 49.5 per 14.2-kg bottle. Non-subsidised cooking gas (LPG) now costs Rs 657.50 in Delhi. This is the third hike in rates in as many months. Non-subsidised LPG price was last hiked by Rs 61.50 on December 1. Prior to this, rates were increased by Rs 27.5 per cylinder on November 1.
Non-subsidised or market-priced LPG is one that consumers buy after exhausting their quota of 12 bottles of 14.2-kg each at subsidised rates in a year.
Subsidised LPG costs Rs 419.33 per 14.2-kg cylinder in Delhi. Also, the price of non-subsidised kerosene, available outside the ration shop, has been hiked to '43194.82 per kl or Rs 43.19 per litre, from Rs 44,246.47 per kl. This is the third reduction in rate in one month. Prior to this, price of non-subsidised or non-PDS kerosene were cut by 25 paise on December 1.
