The prices of food items and other products are rising in the country continuously, which has made livelihood very difficult for the common people. The prices of many products including food items, edible oil, fruits and vegetables are increasing daily. The common man is facing problems due to high inflation and he finds it very hard to meet the routine expenses of the household. People constantly get depressed and frustrated due to high inflation. Meanwhile, the Modi government is going to give a fresh blow to the people of the country.
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Everybody is aware that any hike in gas prices directly affects to the pockets of the common citizens of the country. The Union Cabinet is going to consider hike in the prices of natural gas produced in the country shortly. It may be noted that such hike in the price of CNG will lead to affect the movement of people. Auto rickshaw, taxis and tempo fare will rise after hike in CNG.
According to sources, the central government has increased the price of natural gas produced in the country twice. This gas is used in vehicles as CNG. Whereas PNG is used as cooking gas. In addition, the natural gas produced is used in electricity and fertilizer production. A sharp jump can be seen in this price of gas from April 1. According to sources, Union Government has raised the prices of Natural Gas, produced in the country, twice earlier. The gas is used in the vehicles as CNG. Whereas PNG is used as cooking gas. Besides, the gas is also used for electricity generation and fertilizer production.
A sharp hike can be seen in price of gas from April 1. According to media reports, if the central government fixes the price of gas as per earlier formula, the price may go up to $ 10.7 per MMBtu. At the same time, there may be some change in the price of gas due to new gas field.
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