New price increase for consumers. After several essential products such as fuel, it is the turn of the household gas cylinder to show a price increase from Tuesday, April 19.
From now on, a 12 kilo gas cylinder will cost Rs 240, an increase of Rs 60.
The decision, although expected, was taken on Monday and was confirmed in a press release issued by the Ministry of Commerce and posted on the Government Information Service’s Facebook page.
The statement said that the 5 kg cylinder will cost Rs 100, the 6 kg cylinder Rs 120 and the 12 kg cylinder has been priced at Rs 240.
This news will undoubtedly give rise to discontent especially after the price increases of recent weeks. It is certain that it will also be a blow to the wallet of the housewife. However, the war in Ukraine, the economic restrictions faced by Russia on the price of Freight and certainly the depreciation of the rupee against foreign currencies could justify this increase.
In 2020, Finance Minister Renganaden Padayachy said in his budget speech: “We are committed to lowering the price of household gas by 30 rupees. A 12-kilogram cylinder will now cost 180 rupees instead of 210 rupees.
In early March this year, STC director Rajiv Servansingh said that the next shipment of household gas, scheduled for the end of March, will cost the State Trading Corporation a lot of money. For him, this was a direct consequence of the war between Russia and Ukraine.
However, Rajiv Servansingh reassured that the price of household gas will remain unchanged as long as the government applies the subsidies, announced during the presentation of the 2020/2021 Budget. “The government is giving substantial subsidies because household gas is a basic need. It is up to the government to decide if there will be a price increase if the price increases internationally,” says Rajiv Servansingh.