LPG Cooking Gas Cylinder Price Hike: What You Should Know
The sudden spike in LPG cooking gas cylinder prices has shaken Kerala to its core, with many families struggling to cope with the rising cost. With the prices rising by the minute, it's time to know the implications of the hike and what it will mean for consumers.
The Price Hike: A Breakdown
From the recent revision, the cost of a 14.2 kg LPG cylinder has gone up tremendously. In Kerala, the current price is ₹1,126.50, a hike of ₹50 from the old price. The cause of the tremendous hike can be attributed to many factors such as the world market trends and the rising price of crude oil.
Impact on Households
For most Kerala households, the LPG price increase is a rude shock. With the living cost already soaring, this jump will only accentuate the load on family coffers. The cooking gas is a necessity for most, and the price rush will automatically weigh on their expenses. The ripple effect will reach across segments of homemakers and small enterprises running on LPG.
Subsidies and Government Intervention
The government has been offering subsidies to consumers to counter the impact of price increases. Yet, with the growing demand and restricted resources, the amount of subsidy has been reducing. The authorities might have to review their policy to ensure that the weaker sections of society are shielded from the impact of price increase.
Alternative Options
As the consumers seek to manage the rising costs, other cooking alternatives are becoming popular. Electric stoves, induction cookers, and other energy-saving appliances are some of the options being adopted to minimize the use of LPG. Although the alternatives will not replace cooking gas, they can definitely cushion the effect of the price increase.
Conclusion
The increase in LPG cooking gas cylinder price in Kerala has wide-ranging effects on households and businesses. In this trying times, it's important to know the drivers behind the price increase and the available options. Having knowledge of the situation's details will enable one to make smart choices regarding one's cooking medium and learn to cope with the new situation.