The effect of increasing tension in the Middle East due to the Iran and Israel war is now visible in India. Amidst the tension between Iran and Israel, people in India are now facing the shock of inflation. There has been an increase in the prices of domestic LPG in India, which will have a direct impact on the public pockets. The prices of domestic LPG cylinder (14.2KG) have increased by Rs 60, similarly the price of commercial cylinder has increased by about Rs 115. The new rates of LPG have come into effect from today.
The increase in LPG prices has affected every common and special person, the increase in the prices of domestic gas cylinders has affected people. Budget Has spoiled it. Women of Moradabad, UP have given their reaction on the increase in the prices of domestic gas cylinders. He has termed the increased prices as an additional burden.
‘Income is less and expenditure is more’
The increased prices of LPG are affecting the public’s pockets. A woman from Moradabad said, “The price of a cylinder has increased by Rs 60. There are a lot of problems. The income is less and the expenditure is more…”
‘Expenditures will exceed income’
Similarly, another housewife from Moradabad said on the increased prices of LPG, “We had gone to buy a cylinder. It has increased by Rs 60. Now it will cause a lot of trouble… If there is inflation, the expenditure will be more than the income…” At present, the increase in the prices of domestic gas cylinders has affected the pockets of common and special people.
Let us tell you that Indian Oil Corporation has increased the price of domestic LPG cylinder by Rs 60 and commercial cylinder by Rs 115. The new prices have come into effect from today itself. Now eating outside along with home can also become expensive. Overall, the impact of increased LPG rates will be on the public’s pockets only.