ATF prices in the national capital was also cut to Rs 1.01 lakh per kilolitre (kl) from Rs 1.06 lakh today. The rate reduction will benefit airlines for whom fuel makes for almost 40% of the operating cost. ATF price is revised on the first of every month.
Aviation turbine fuel (ATF) price was increased by Rs 13,911.07 per kilolitre, or 14.1 per cent, in the national capital to Rs 1,12,419.33 per kl, according to a price notification of state-owned fuel retailers.
LPG cylinder prices slashed: Citizens will now get a cylinder for around Rs 900, while the nearly 9.6 crore PM Ujjwala beneficiaries will get a cylinder for around Rs 700. The move comes before the polls in Rajasthan, Chhattisgarh, MP and Telangana
The cabinet said that the decision will help the PSU OMCs to continue their commitment to the Atmanirbhar Bharat Abhiyaan, ensuring unhindered domestic LPG supplies. 📰 LPG Price Rise: To Avoid Burden on People, One-Time Grant of Rs 22,000 Crore Given to Oil Marketing Companies of PSUs.