A worker pushes a bicycle loaded with liquefied petroleum gas (LPG) cylinders in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Aviation Fuel Price Hiked By Over 2.5%

Jet fuel prices was hiked by over 2.5 percent, the third straight monthly increase in rates on the back of firming global prices, according to a price notification issued by state-owned oil firms.

The price of aviation turbine fuel was hiked by Rs 1,595.63 per kilolitre, or 2.5 percent, to Rs 65,067.85 per kilolitre in the national capital.

The increase comes on the back of a Rs 677.1 per kilolitre hike in rates effected from April 1, and a steep 8.1 percent (Rs 4,734.15 per kl) jump in prices on March 1.

Subsidised cooking gas price on Wednesday was hiked by 28 paisa per cylinder and now costs over Rs 82 more than the rate in 2014, when the BJP government came to power.

LPG price was hiked by Rs 0.28 per cylinder and that of non-subsidised gas by Rs 6 per bottle.

A 14.2-kg subsidised LPG cylinder will now cost Rs 496.14 in the national capital as against Rs 495.86 previously.

With this increase, the price of subsidised LPG has gone up by over 82 or about a fifth in last five years. Subsidised LPG was priced at Rs 414 per cylinder in early 2014.

Also read: Why A Village In Rajasthan Is Still Using ‘Chulha’ Over LPG Cylinder

Simultaneously, the price of non-subsidised LPG was increased by Rs 6 per 14.2-kg cylinder to Rs 712.50. This is the third straight increase in LPG rate.

Non-subsidised LPG is the gas that consumer buys after exhausting their quota of 12 cylinders of 14.2-kg at sub-market or subsidised rates in a year.