Kerosene price to be hiked by Rs 4 a litre and cooking gas (LPG) rates by Rs 250 per cylinder
Posted on: 05/Jul/2014 11:13:52 AM
The Cabinet Committee on Political Affairs (CCPA) will be moved by the Oil Ministry soon with an expert panel recommendations of raising kerosene price by Rs 4 a litre and cooking gas (LPG) rates by Rs 250 per cylinder.
The ministry is preparing a draft note for consideration of the CCPA on pricing of diesel, kerosene and LPG, official sources said here.The committee had in October last year recommended to the government that diesel prices should be hiked by Rs 5 per litre, kerosene by Rs 4 a litre and domestic LPG rates by Rs 250 per cylinder immediately to cut fuel subsidy bill by Rs 72,000 crore.
