Lpg Price: The government has recently announced the elimination of price limits for essential commodities, after which the retail prices of LPG have jumped by about 90 percent. In this sequence, now the price of LPG gas has gone up to Rs 2657 per cylinder.
New Delhi: The impact of inflation is not only in India, but it is also speaking loudly in other countries. The price of LPG is increasing continuously in India. But not only in India but also in neighboring countries, there has been a huge increase in the price of LPG. The price of LPG has doubled in Sri Lanka.
In fact, here the government has recently announced the end of the price limit for essential commodities, after which the retail prices of LPG have jumped by about 90 percent. In comparison, a 14.2 kg domestic LPG cylinder is still less than Rs 1000 in India.
A cylinder worth Rs 2,657
In Sri Lanka last Friday, the standard domestic LPG cylinder (12.5 kg) was priced at Rs 1,400. But, now it has increased by Rs 1,257 to Rs 2,657. Apart from this, one kg of milk has now become costlier by Rs 250 to Rs 1,195. Similarly, there has been a bumper increase in the prices of other essential commodities like wheat flour, sugar and cement.
People expressed their displeasure
The record increase in the prices of LPG created the most outrage among the people here. People have expressed their displeasure by jamming on social media with the demand to withdraw the prices. A Consumer Protection Authority spokesperson said, “The cabinet has decided to remove price controls for milk powder, wheat flour, sugar and liquefied petroleum gas. The reason behind this was the hope that this would increase the supply. Prices may go up by 37 per cent, but we expect dealers not to make unnecessary profits.
The Sri Lankan government on Thursday night decided to abolish the price cap of milk powder, gas, wheat flour and cement after a cabinet meeting chaired by President Gotabaya Rajapaksa. Since then, there has been a steady increase in prices.