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Subsidised LPG prices rise 13% in 6 months

Subsidised LPG prices rise 13% in 6 months

Thursday, January 16, 2020, 10:28 AM

Subsidized cooking gas prices have risen by Rs.62/cylinder, or 13%, in six-months a fact has gone unnoticed as oil companies stopped publishing prices following a government drive to cut fuel subsidy. The decision to cut gas subsidy would leave the government with more resources to spend elsewhere in a year when revenue collections are behind targets but would hurt households facing five-year-high inflation.
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