Businesses will pay more for commercial LPG from June after fresh rate revisions, while the Centre says fuel stocks remain adequate and domestic cooking gas prices are unchanged.
The Centre has announced five new categories of fuel dispensing systems under the ambit of Government Approved Test Centres (GATCs). These include dispensers for petrol and diesel, CNG, LPG, LNG, and hydrogen.
In view of the evolving geopolitical situation in West Asia, the Government of India has intensified coordinated efforts to ensure uninterrupted energy supplies, secure maritime operations, and safeguard Indian nationals in the region.
The Communist Party of India (Marxist) on Saturday sharply criticised the steep hike in prices of commercial LPG cylinders and 5 kg non-subsidised cylinders, cautioning that the move could trigger inflationary pressures, hurt employment and deepen distress among vulnerable sections.
Expenditure Secretary V Vulanam on Friday said the fiscal stress arising from liquefied petroleum gas (LPG) dependence is a reality, but the government will preserve its capital expenditure at the budgeted Rs 12.2 lakh crore in Financial Year 2027 (FY27).
The Centre on Tuesday stated that India continues to maintain relatively lower fuel prices compared to neighbouring countries despite the rise in global crude oil and LPG prices.
The Centre on Friday informed that over 16.41 lakh 5-kg free trade LPG (FTL) cylinders have been sold since March 23.
Amid the mounting LPG supply crisis due to the Iran war, which has led to global disruptions, India has begun developing infrastructure for liquefied petroleum gas (LPG) pipelines.
Hectic preparations and massive arrangements are underway for the inauguration of the HPCL Rajasthan Refinery — the country's first greenfield integrated refinery-cum-petrochemical complex — in Pachpadra by Prime Minister Narendra Modi on Tuesday next week.
The Centre on Tuesday informed that over 14.3 lakh 5-kg free trade LPG (FTL) cylinders have been sold since March 23.
