Diesel price may be hiked by Rs 2 per litre, LPG by Rs 75 per cylinder

Last Updated: Tuesday, January 08, 2013, 19:19

Tags: Diesel price, Kerosene price, LPG price, Kelkal panel report

Zeebiz Bureau

New Delhi: The government may hike diesel prices by Rs 1 per litre and LPG by Rs 50 to Rs 75 per cylinder by end of this month.

As per Zee Business, a meeting between Oil Marketing Companies and the Oil Minister was held on Tuesday in which both had agreed on hiking the prices of LPG and diesel. However, the final decision has to be taken by the Congress party which reportedly is not backing the hike in prices.

A meet of the congress party is stipulated for Friday in which it will decide on hiking the fuel prices, as per Zee Business.

Price of diesel, which currently costs Rs 47.15 per litre in Delhi, was last revised on September 14 when it was hiked by a steep Rs 5.63 per litre. Kerosene rates have not changed since June 2011 and it currently costs Rs 14.79 per litre in Delhi.

State-owned oil companies currently sell diesel at a loss of Rs 10.16 per litre, kerosene at Rs 32.17 a litre and LPG at Rs 490.50 per 14.2-kg cylinder.

With Agency Inputs

First Published: Tuesday, January 08, 2013, 09:32

Comments

AT LAST THE DIESEL PRICING REFORM ACTIVATED AND ANNOUNCEMENT AT 5 PM ON A KING IDEA A MASTER STROCK THAT LINK’S INDIAS’S FUEL PRICING TO WORLD PRICING Amid the mist of resistance from all corners of the political spectrum the PM and FM have finally decided to act as per their conscience and not appeasement by mounting under recoveries The toughest of reform now activate and formally to be announced the whole country shall be explained the rational behind this hard decision= its long term benefit in containing fiscal deficit to a healthy level so that rating down grade does not get triggered and rupee do not tumbles to 63 to a dollar There are innumerable benefits of not BRIBING by under recovery as it is a slow poison and more injurious to all All political parties to support this radical move that will bring fast development to the country The PM and FM deserve best applause after a long time the two captains of the country have decided to bite the bullets and walk the t-NITIN N VARIA -MUMBAI

its sad and pathetic Mango people ( labourers who earns hardly 4000-5000 in month) is going to kill by MMS and Sonia led Govt Thanks Mahohan Singh ji(PM) and Sonia Ji Now we people had nothing but have to commit suicide if not able to run the family-ranger -gangtok

The proposed hikes in the prices of both diesel and cooking gas come as a shock to the common people who are already reeling under the pressure of continuing price rises on almost all fronts and with the knowledge of the same, govt is still inflicting common peopleIf price rise is inevitable, it could be in a step by step mode in order that the people could absorb in phases-venkataramanaiah ramu -bengaluru

sheeji ne kaha tha 600rs main ghar chalega ab kya gas free main milenga-anthony -dubai

thank you for giving intimation -sanjay am -laxmeshwer

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