Expenditure of oil and gas spoiled the budget of the house, prices increased by more than 10 percent in a month

Petrol and diesel prices have become more expensive by 10 percent, PNG by 16 percent and CNG by 11 percent within a month. On the other hand, LPG cylinder has become costlier by 5 to 12 percent.

Expenditure on oil and gas spoiled the budget of the household

Inflation on the pockets of common people in the last one month (Price Hike) A strong blow has been seen. During this petrol, diesel ,Petrol and Diesel Price)There has been a sharp jump in the prices of , PNG, CNG, LPG all. Petrol and diesel prices have increased by more than 10 percent within a month, while PNG 16 percent and CNG (CNG Price Hike) has become more expensive by 11 percent. At the same time, there is an increase of more than 5 percent in the prices of subsidized cooking gas and more than 12 percent in the prices of commercial cylinders. That is, in the last one month, the budget of the common people has increased by more than 10 percent. This rise in prices has been recorded due to the rise in prices in foreign markets. India meets most of its oil gas requirement through imports. Therefore, the rise in prices in foreign markets has had an impact on domestic prices.

petrol and diesel

Petrol and diesel prices have increased by Rs 10 per liter in the last 16 days. Earlier, there was no change in the prices from November last year. Last year, the price cut was announced on Diwali. That is, in the year 2022, the price of petrol and diesel has increased by Rs 10. In these 16 days, fuel prices have increased by more than 10 percent in many parts of the country. On March 21, the price of petrol in Delhi was at Rs 95.45 per liter, currently the price is Rs 105.41 per liter. At the same time, the price of diesel in Delhi increased from Rs 86.71 per liter to Rs 96.71 per liter.

CNG

Along with petrol and diesel, the prices of CNG have also seen an increase. In the last one month, the prices of CNG have been increased 7 times. Earlier on March 8, the price of CNG was at the level of Rs 57.51 per kg, at present CNG in Delhi has crossed the level of Rs 64 per kg. That is, CNG has become 11 percent expensive in a month.

png

Indraprastha Gas has sharply increased the prices of PNG by 16 percent in Delhi NCR. At the beginning of the month, the company has increased the prices of PNG by Rs 5 per SCM in Delhi NCR. After the increase, the price of PNG has crossed Rs 40 per SCM in Delhi, Noida, Ghaziabad, Greater Noida. On the other hand, in Muzaffarnagar, Meerut, Shamli, Ajmer, Pali, Rajsamand, the price has crossed Rs 45 per SCM and in Kanpur, Hamirpur and Fatehpur the price has reached close to Rs 45 per SCM.

LPG cylinder

At the same time, the prices of LPG have also seen an increase with the beginning of April, the price of commercial LPG has increased by Rs 250 and in Delhi the price of its 19 kg cylinder has increased to Rs 2253 per cylinder. Earlier on March 1, an increase was also seen in the cylinder. Prices have increased by Rs 346 in two months. At the same time, on March 22, the price of subsidized domestic LPG cylinder increased by Rs 50 per cylinder to reach the level of Rs 950 per cylinder.

Read also: Improvement in service sector for 8th consecutive month, PMI at 3-month high in March despite inflationary pressure

Read also: Maruti rides will be expensive, the company will increase prices this month, prices have increased by 8.8% in 15 months

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