A fear psychosis is being created in the minds of the masses that come April 1, inflation will start raging in the country as gas prices shall be increased by the government. Is this propaganda based on facts or are some politicians spreading canards for electoral gains. The most common allegation is LPG price will double once gas prices are increased. Nothing can be far from truth. LPG can neither be made nor is being made from KG D6 gas. Gas from these fields contains 99.9% pure methane (natural gas) and does not have any Propane and Butane which are used to make LPG. Therefore there cannot be any correlation between LPG prices and increase in natural gas prices.
This can be further corroborated from the fact that for the last five years natural gas price have been constant but the price of LPG cylinder has increased from approx. Rs. 280 to approx. Rs.450 for 14.2 kg cylinder. If there was any correlation between natural gas and LPG prices, then why have LPG cylinder prices increased while natural gas prices have remained constant?
Obviously, the sole purpose of perpetuating these lies is to scare the consumers. Most of the LPG is produced in refinery from crude oil it has no correlation with natural gas prices. The second lie that is being perpetuated is that with a hike in gas prices from April 1, the cost of food grains are set to increase. However, the fact is that trucks, tempos and tractors that transport goods use diesel and not gas, so how will increase in gas price impact these costs?
These people do not want to share truth; you are being misguided to garner votes. We have put the facts before you, now you decide whether gas price hike will be inflationary or whether these lies are full of hot air.