PTI
India Against Corruption activist Arvind Kejriwal addresses a rally in Farrukhabad on Thursday.
PTI
Prime Minister Manmohan Singh at a meeting with his new Council of Ministers in New Delhi on Thursday.
LPG price hike on hold
Facing stiff opposition, the government on
Thursday night put on hold the Rs 26.5 increase in price of cooking gas
cylinders that consumers buy beyond their quota of six subsidised
bottles.
"The price hike has been put on hold," a top oil company official said declining to give a reason for the same.
The latest increase in non-subsidised cooking gas has been reversed and it will be available at old rates.
The official said there is no change in the decision to hike price of commercial LPG cylinders.
Earlier in the day, the price of LPG cylinders, which consumers buy
beyond the cheaper quota of six bottles, was hiked by Rs 26.50 to Rs 922
per unit on firming international rates.
The government had in September restricted the supply of subsidised
domestic LPG cylinders to six per household in a year. State-owned oil
firms revise rates of non-subsidised LPG on first of every month based
on the average imported cost and rupee-US dollar rate during the
previous month.
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