The Indian government has recently announced a hike in LPG prices across all categories, including Ujjwala beneficiaries. This decision is accompanied by an increase in the special additional excise duty on petrol and diesel by Rs 2 per litre. The rise in LPG prices comes as a blow to consumers already grappling with soaring fuel costs. The move is expected to have a significant impact on household budgets, especially for low-income families who rely on LPG for cooking. Additionally, the increase in excise duty on petrol and diesel is likely to further burden motorists who are already facing the brunt of escalating fuel prices. The government’s decision to raise these prices has sparked concerns among the public, with many questioning the timing of such hikes amidst already challenging economic conditions. As consumers continue to bear the brunt of rising fuel and cooking gas prices, there is a growing need for measures to alleviate the financial strain on households. The government’s move to increase LPG prices and excise duty on petrol and diesel is expected to have far-reaching implications on the economy and the daily lives of Indian citizens.
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Government hikes LPG prices for all, raises petrol and diesel excise duty by Rs 2/litre.
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