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India

Domestic Gas prices rose by Rs 266 in a year making lives of lower middle class difficult

While the overall inflation is hitting  common masses with the petrol, diesal prices rising tremendously with petrol costing  Rs hundred in several states making almost every consumables inflated in terms of prise rise especially essential commodities badly affecting people hailing from middle and below classes, what is surprising and shocking the most is, the price of domestic gas cylinder is costing Rs 887.50 putting the life of already overburdened people in financial jeopardy. If we take a look at the the domestic price rice table of domestic gas cylinder in a year’s time, the rate of a single gas cylinder rose from Rs. 600 to 887.50, a spike of Rs 266.50. During last August the cost of gas cylinder was Rs 599.57 will just after a year went to Rs 887, Raised thirteen times gradually. What is important here to mention that In August last year there was a subsidy of Rs. 21.43 on each cylinder but this August while the rates have risen by Rs. 266.50, the subsidy is the same with no enhancement. This unambiguously indicate that there is a spike of Rs. 22 every month in the rate of gas cylinder. The central government has stabilised the subsidy in June 2020. Kindly recall that  the price of per cylinder in  November was the highest till yet at Rs.969 but then the subsidy was Rs. 463, with the cylinder costing Rs. 509. The former chief of Uttarakhand Congress Kishore Upadhyay has in a tweet in Hindi commented : The skyrocketing price rise of domestic gas cylinder has made the lives of middle and lower middle class extremely difficult.

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