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Kerosene prices hiked by Rs 22 per liter

Thiruvananthapuram: The Central authorities has hiked kerosene costs following the hike in petrol, diesel and LPG costs. Kerosene worth has been hiked by Rs 22 per liter. Within the state, a liter of kerosene prices Rs 59. This can improve to Rs 81. Public distribution kerosene costs rose sharply within the first quarter of this 12 months (April, May and June).

Kerala’s share of kerosene has additionally been slashed following the value hike. 40 per cent share reduce. At current, the allocation for kerosene within the state was 6480 kiloliters in 2021-2022. This was decreased to 3888 kiloliters on this quarter. Kerosene was topic to a 5 per cent primary customs responsibility from February 2 final 12 months. That is the explanation for the large worth improve on this quarter.

Final February, kerosene costs have been hiked by Rs 8 per liter. Nonetheless, the state had earlier stockpiled kerosene and the elevated worth was not charged to the beneficiaries. The worth of kerosene has doubled in phases over the previous 12 months.

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