LPG prices doubled in last 7 years, revealed in response to government in Lok Sabha

The Government’s reply in the Lok Sabha shows that the price of domestic LPG or LPG refill (LPG) has doubled in the last seven years and the subsidy has been eliminated by raising the rates. According to the written reply of Petroleum Minister Dharmendra Pradhan in the Lok Sabha, the tax collection of the government
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LPG prices doubled in last 7 years, revealed in response to government in Lok Sabha

The Government’s reply in the Lok Sabha shows that the price of domestic LPG or LPG refill (LPG) has doubled in the last seven years and the subsidy has been eliminated by raising the rates. According to the written reply of Petroleum Minister Dharmendra Pradhan in the Lok Sabha, the tax collection of the government has increased by four and a half times due to the sale of petrol and diesel as a result of increased tax during this period.

According to the answers to questions asked on rising fuel prices on Monday, the price of one LPG refill was Rs 410.50 on March 1, 2014 and increased to Rs 819 this month. These prices are from Delhi. As a result of four increases from February 4, the price of LPG refill has increased by Rs 125 per cylinder in the last 32 days. After another increase of Rs 25, the price of LPG refill has increased by Rs 175 from February 1.

Revenue collection from fuel sales stood at Rs 52,537 crore in 2013, which increased to Rs 2.13 lakh crore in 2019-20 and Rs 2.94 lakh crore in 11 months of 2020-21. Rs 32.90 per liter on petrol and Rs 31.80 on diesel. Let’s get excise duty. In 2018, the excise duty on petrol was Rs 17.98 and on the death rate Rs 13.83.

After the slogan of the opposition in the House on petrol and diesel on Tuesday, the proceedings of the Rajya Sabha were adjourned till 12 noon. BJP leader Sushil Modi said, “Crude oil prices have increased in the international market due to which the government has had to increase the prices of oil. The tax that comes from this does not go into anyone’s pocket. Road, electricity, water and development schemes work with these funds. ”