Due to the increase in the price of CNG gas, it will affect everything from household electricity to agriculture. Let us tell you, GAIL is going to increase the tariff for pipelines.
Common man’s budget will deteriorate, CNG may become expensive again
The common man is going to get a shock of inflation once. On the one hand, inflation was at a record high and now the rising rates of CNG are ready to pierce the pocket of the middle class again. Due to the increase in the price of natural gas and CNG, it is not only that your driving or cooking will become expensive, but natural gas is also used in the production of electricity and fertilizers. That is, it will affect everything from household electricity to agriculture. Let us tell you, Gail India is going to increase the tariff for pipelines.
According to media reports, the Petroleum and Natural Gas Management Board has told that the tariff for natural gas pipelines of GAIL India will be Rs 58.61 per mmbtu. This tariff is 45% more. The new prices will be applicable from 1 April 2023.
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Price can increase by one rupee
According to experts, the increase in tariff can be beneficial as well as harmful. According to Ashu Singhal, Managing Director of Mahanagar Gas Limited (MGL), some people may benefit from this increase in tariff. At the same time, some people are also expected to be harmed.
auto fare will increase
Let us tell you, due to the increase in the price of CNG, now the fare of auto and taxi will also increase. This is expected to affect the pockets of those traveling by public transport. At the same time, the government has also set a target to increase the use of natural gas by the year 2030, to increase its contribution from 6.2% to 15%.