Gas Prices Hike: Mahanagar Gas gave shock the public, and increased the prices of CNG and PNG again


Posted on 5th Nov 2022 03:40 pm by rohit kumar

Mahanagar Gas on Friday once again dealt a blow to the general public, citing rising costs and a short supply of gas. Mahanagar Gas announced another hike in retail prices of auto fuel and LPG. The price of CNG has been increased by Rs 3.50 per kg and that of PNG by Rs 1.50 per kg. This is the second revision since October when the Center increased the price of domestically produced gas by up to 40 percent for the second half of the fiscal.

 

Prices were very low till April 1

On April 1, the price of CNG was Rs 60 per kg and that of piped cooking gas was Rs 36 per scm. The prices were lower after the state government reduced VAT on these fuels from 13.5 percent to 3.50 percent. MGL had cut the price of CNG by Rs 6 per kg and PNG by Rs 3.50. Justifying the price hike with the depreciating rupee, MGL said it will increase the retail price of CNG by Rs 3.50 per kg to Rs 89.50 and that of domestic piped natural gas (PNG) by Rs 1.50 per scm to Rs 54. which will be effective from this midnight.

Did you know?Explore Trending and Topic pages for more stories like this.

 

On shortfall in the supply of APM gas, MGL said supply has been cut by 10 percent, forcing it to supply the fuel from outside at a much higher cost as the demand for gas is yet to subside. MGL claimed that even at the revised level, CNG is about 42 percent cheaper than petrol in the metropolis, while PNG is about 8 percent cheaper than the existing LPG.

 

Goa government hikes cooking cost

Meanwhile, the Goa government on Friday increased the cooking cost per student for its flagship mid-day meal scheme, which will be implemented from November 7. State education director Shailesh Jingde told reporters that the cooking cost per student for mid-day meals in pre-primary and primary schools has been increased from Rs 7.11 to Rs 8, while for upper primary it has been increased from Rs 7.45 to Rs 10. has been made Rs. He said that Self Help Groups, Mahila Mandals, and Parent Teacher Associations which supply mid-day meals to the students would take advantage of it.

 

Also Read: Investment: Nirmala Sitharaman said- India is a better place for investment in terms of policy stability and transparency

1 Like 0 Dislike
Previous news Next news
Other news

Blast at Srinagar police station, nine dead: Mistake or terror... How did the Nowgam blast happen? The explosion shook the entire area.

A massive explosion rocked the Nowgam police station in Srinagar, Jammu and Kashmir, around 11:20

TCS Layoffs: After the announcement of layoffs, TCS shares fell by two percent. The company is laying off 12000 employees

Shares of Tata Consultancy Services (TCS) fell nearly two per cent on Monday. The company has sai

Weather Patterns to Keep Changing in Delhi-NCR This Week: From Rain to Rising Temperatures—IMD's Weekly Update

The weather in Delhi-NCR is expected to remain highly variable between March 30 and April 5. The

Aamir Khan is Amitabh Bachchan's 'number 1 fan', shocked Big B by showing 51-year-old proof related to Jaya Bachchan

Bollywood actors Aamir Khan and Junaid Khan are coming on the stage of the quiz reality show Kaun

After meeting the President, the WB Governor said, "There is a reign of hooliganism in the state, and the Mamata government is on the back foot."

Amidst the devastation caused by devastating floods and landslides in North Bengal, and the deadl

US: The victims of the 9/11 attacks were pushed by the court, Taliban demands to return $ 3.5 billion from America

A federal judge from New York said that the families of the victims of the 9/11 attacks are not e

UP Board Result 2026: How many marks are required to pass the UP Board Class 10 and 12 exams? Find out what happens if you fall short.

The wait is finally coming to an end for the lakhs of students who appeared for the Uttar Pradesh

Pak PM Shahbaz Sharif's visit to China: Talks made between the two countries regarding CPEC, the rail project connecting Karachi with Peshawar will start soon

Pakistan Prime Minister Shahbaz Sharif has arrived in China on his 2-day visit. During this, he w

AUS vs PAK: Pat Cummins gave a funny answer to Hafeez's statement 'Pakistan played better than Australia', said a big thing

Australia defeated Pakistan in the second Test and took a 2-0 lead in the three-match Test series

IND vs ENG: Ravindra Jadeja may be out of the second test, got injured in Hyderabad; Kuldeep may get a chance

There is no sign of any fewer problems for Team India in the Test series between India and Englan

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash