Hike in prices of LPG, jet fuel adds to consumer woes

June 2, 2016

New Delhi, Jun 2: Consumers will feel the pinch further with oil companies on Wednesday steeply hiking the price of non-subsidised LPG and aviation turbine fuel.

jetfuel
The hike comes a day after petrol and diesel prices were revised.

In addition to these, the introduction of a 0.5% Krishi Kalyan Cess on Wednesday would make eating out, phone bills, internet, movies, healthcare and banking transactions costlier.

Non-subsidised LPG cylinders will cost 12% more than the previous month’s price, affecting the household budget, which will also be impacted by the fuel price hike. Air travellers will also have to shell out more for tickets due to a 9.2% hike in jet fuel prices.

Non-subsidised LPG cylinders, which consumers buy after exhausting their quota of 12, would cost Rs 548.50 in Delhi as against Rs 527.50 on May 1 while it was Rs 509.50 on April 1.

Since April, the price of non-subsidised LPG cylinders has been on the rise. However, the price is lower compared to the January 1 price of Rs 657.50 a cylinder.

Oil companies — Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum — also increased the price of air turbine fuel by a steep 9.2% to Rs 46,729.48 per kilolitre. Though the ATF price has been on the rise since March, Wednesday’s hike has been the steepest.

This January, ATF cost Rs 39,892.32 per kilolitre in Delhi while it sunk to Rs 35,126.82 the next month, the lowest this year so far. March initially saw ATF prices at Rs 39,301.31 only to be revised to Rs 38,785.46 later. April saw a further hike to Rs 42,157.01 as against Rs 42,784.01 last month.

Sharing the apprehension in some sections about the air fare hike, president of travel portal Yatra.com Sharat Dhall, said, "Lower air fuel prices have acted as a stimulus for air traffic growth over the past few months, encouraging people to take flights for their summer holiday travel. This (rise) could result in an increase in airfares as fuel constitutes approximately 40% of an airline’s operating costs.”He said any increase in airfares will act as a damper for travellers planning trips. Airlines did not comment on the matter. On Tuesday, oil companies hiked petrol prices by a steep Rs 2.58 a litre and diesel by Rs 2.26 a litre, the third increase in five weeks.

Comments

Rakesh
 - 
Thursday, 2 Jun 2016

all the govt are same., 60 years congress rule helps people loot the country and party looting as well, some groups are against the development of the country,

Abdullah
 - 
Thursday, 2 Jun 2016

Choothya Modi ki acche din....

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 12,2024

iranisrael.jpg

New Delhi, Apr 12: India on Friday asked its citizens not to travel to Iran or Israel amid escalating tensions between the two countries following a strike on the Iranian consulate in Syria 11 days ago.

Iran blamed Israel for the strike and there have been fears that Tehran may launch an attack on Israel soon.

In an advisory, the Ministry of External Affairs (MEA) also urged the Indians residing in Iran and Israel to exercise utmost precautions about their safety and restrict their movements to minimum.

“In view of the prevailing situation in the region, all Indians are advised not to travel to Iran or Israel till further notice,” it said.

“All those who are currently residing in Iran or Israel are requested to get in touch with Indian Embassies there and register themselves,” the MEA said.

“They are also requested to observe utmost precautions about their safety and restrict their movements to the minimum,” it added. 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 5,2024

SCmadrasa.jpg

New Delhi, Apr 5: In a big relief to about 17 lakh madrassa students in Uttar Pradesh, the Supreme Court today paused an Allahabad High Court order scrapping the UP Board of Madarsa Education Act, 2004. This allows about 16,000 madrasas in the state to continue functioning under the 2004 law.

A bench led by Chief Justice of India DY Chandrachud said that the high court decision was prima facie not correct and issued notices to the UP and central governments, and the Madrassa board.

The high court had last month declared the 2004 law "unconstitutional" for allegedly violating the principle of secularism and directed the government to accommodate the madrasa students in the formal education system.

The Supreme Court put it on hold on Friday, saying that the aims and objectives of the Madrassa Board are regulatory in nature and that the establishment of the board itself will not affect secularism.

"The high court, in striking down the provisions of the Act, directed the relocation of the students. This would affect the 17 lakh students. We are of the view that the direction of relocation of students to other schools was not warranted," said the Chief Justice.

If the purpose of the PIL is to ensure that madrassas provide secular education in core subjects such as mathematics, science, history, and languages, the solution would not be to repeal the provisions of the Madarsa Act 2004, he added.

The central and state governments backed the high court judgment in the Supreme Court, with the centre saying suspected entanglement of religion and other relevant issues must be debated.

Senior advocate Abhishek Manu Singhvi, representing the madrassas, said religious education cannot mean religious instruction and that the high court order will leave 10,000 madrassa teachers and 17 lakh students in lurch. But the state government said it has made arrangements for the teachers and students.

Mr Singhvi argued it is wrong to say madrassa education doesn't have quality, isn't universal in nature, and is not broad-based. Singling out the madrassas for a ban is discriminatory and the Supreme Court had said so in the Aruna Roy vs Union of India, 2002 verdict, he pointed out.

The Chief Justice said that the issues that have been raised merit closer reflection and posted the matter for further hearing in the second week of July.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 16,2024

raoshankar.jpg

New Delhi:  Twenty-nine Maoists, including a senior rebel leader - Shankar Rao, who had a bounty of ₹ 25 lakh on his head - were killed by security forces during an encounter in Chhattisgarh's Kanker district on Tuesday afternoon. A huge quantity of weapons, including Ak-47 and INSAS rifles, were recovered. 

Three security personnel were injured in the gunfight, which took place in forests near the village of Binagunda after a joint team of District Reserve Guard and Border Security Force were attacked.

Two of the three injured are from the BSF. Their condition is stable but the third - from the DRG - is in critical care. All three received treatment at a local hospital and are to be shifted to a larger facility.

Sources said the fighting began at around 2 PM, when a joint DRG-BSF team was conducting an anti-Maoist operation. The DRG was set up in in 2008 to combat Maoist activities in the state, and the Border Security Force has been deployed extensively in the area to for counter-insurgency ops.

There was another encounter in the district last month, in which two people - a Maoist and a cop - were killed, and security forces recovered a gun, some explosives, and other incriminating materials.

Personnel from the DRG and Bastar Fighters, both units of the state police force, with the Border Security Force, were involved in that operation, officials told news agency PTI. The patrolling team was cordoning off a forested area when fired on indiscriminately, leading to the gun battle.

In November last year, while the state was voting in the first phase of an Assembly election, a gunfight broke out between security forces and Maoist rebels in the same district.

An Ak-47 rifle was recovered from the encounter site.

On the same day, while polling was taking place, Maoists fired at DRG personnel deployed near a polling station in Banda in Dantewada district.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.