LPG price hikes and that of ATF cuts down
Posted on: 01/Dec/2016 1:19:58 PM
The price of Aviation turbine fuel is cut by 3.7 percent and that of LPG is increased by 2.07 per cylinder. This counts to the 7th such increase in LPG price in the past six months.
The price of jet fuel got hiked by Rs 1881 per kl equivalent to 3.7 percent hike and was priced Rs 48,379.63 per kl in Delhi. This reduction is made following about two hikes the last of which was made on 1st November where 7.3 percent increase was made.
At the same time, the price of subsidized LPG rate got hiked and this will now be rated at Rs 432.71 per 14.2 kg cylinder while the same was Rs 430.64 earlier.
Since July, this is the seventh such increase while the government took a call to make small hikes of around Rs 2 per bottle month on month and reduce the subsidy outgo.
