Twitterati express anger with hike in LPG rates

The Modi government’s move to hike non-subsidised liquefied petroleum prices on Wednesday received strong reactions from Twitterati, who called for an immediate rollback.

Users expressed their anger over the LPG price hike of Rs 21, the second such move in a month, which the government attributed to a pick-up in international oil prices.

International crude prices have rebounded from a low of $25 per barrel in mid-January to $50 per barrel on May 30.

The World Bank, in April, raised its 2016 forecast for crude oil prices to $41 per barrel from $37 per barrel. According to a median of 17 analysts estimates compiled by Bloomberg this year, oil prices are expected to climb more than $15 by the end of 2016.

Here goes another price hike on LPG of Rs. 21 after #PetrolPrice. Need a break#petrol #LPG #PriceHike #break #RollBackFuelHike

— suren (@usuren) June 1, 2016

Now that the elections are over, #achedin continues for the common man...!! LPG, Petrol, Diesel #pricehike..!

— Shabeer Mohamed K (@shabeermohamed) June 1, 2016

After burdening common man with fuel price hike,another jolt by Modi govt as non-subsidised LPG rate increased by ?21 a cylinder.Achhe Din?

— Partap Singh Bajwa (@Partap_Sbajwa) June 1, 2016

"Administered" prices raised in 24hrs
Diesel
Petrol
Aviation fuel
LPG
Paddy MSP
Freight
& RBI should cut of course https://t.co/qYJxqK2hmV

— Ajit Ranade (@ajit_ranade) June 1, 2016

Not only there is a hike of Rs. 2.58 but Domestic Cylinder price hs been increased by Rs. 22 & Commercial LPG cyl hiked by Rs. 37 overnight!

— N33R4J (@_N33R4J_) June 1, 2016

If Petrol & Diesel hike wasn't enough ATF price hiked by a steep 9.2%, non-subsidised LPG rate increased by ?21/ cylinder. #RollBackFuelHike

— Gaurav Pandhi (@GauravPandhi) June 1, 2016

The revision means a non-subsidised domestic LPG cylinder in Delhi will cost Rs 548.50 compared with Rs 527.50 earlier. Subsidised LPG costs Rs 419.18 per cylinder in Delhi.

Consumers buy non-subsidised LPG cylinders once they exhaust their quota of 12 cylinders.

The BJP government raised non-subsidised LPG prices by Rs 18 on May 1.

In India, non-subsidised LPG prices are revised monthly in line with average international rates by the three fuel retailers - Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum.