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Edible oil, LPG prices go through roof in 2 years

4 years ago
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Edible oil, LPG prices go through roof in 2 years
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New Delhi (SunstarTV Bureau): The common man is hurting due to the sharp rise in prices of essential commodities like edible oil and LPG in the last three years.

In Kolkata for instance, edible oil prices have more than doubled in the last three years. Mustard oil which was Rs 90 a litre in May 2019 is now selling at Rs 190 a litre while rice bran oil which was Rs 80 a litre is now at Rs 150 per litre.

Similarly, groundnut oil is touching Rs 200 a litre in May this year compared to Rs 156 in 2019. Soybean oil is at Rs 140 compared to Rs 95 a litre in 2019.

Sunflower oil is being sold in Kolkata at Rs 180 a litre as against Rs 102 a litre in 2019.

It is not only edible oil which is on fire. The cooking fuel, LPG is also flaring up as 14.2 kg cylinder in Kolkata is now at a whopping Rs 835 compared to Rs 496 in February of 2019.

LPG cylinder prices have been going up in the last two years. They touched Rs 499 in May 2019, Rs 620 in August 2020, Rs 720 in January 2021 and Rs 835 in May 2021.

Meanwhile, Across the country as well the petrol and diesel prices increased on Wednesday but its quantum varied depending on the level of local levies in respective states.

In Mumbai, petrol now comes for Rs 98.36 a litre and diesel for Rs 89.75, according to a price notification from oil marketing companies.

Petrol prices in some states including Rajasthan, Madhya Pradesh and in some places in Maharastra have breached the Rs 100 per litre mark while premium petrol has been hovering above that level for some time now.

Fuel prices have now increased on each of the day this week. Prior to holding back auto fuel prices on Saturday and Sunday, its pump rates had increased sharply on previous four days as well.

Petrol prices have risen by Rs 1.50 a litre in Delhi in May in seven hikes so far. Similarly, diesel prices have risen by Rs 1.88 per litre in capital this month.

(Sources: IANS)

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