Diesel price hike for bulk consumers to push up rail, road fares, cement costs
A hike of nearly Rs. 10 a litre for the bulk diesel consumers that includes the railways, transport undertakings and the defence, cement, mines and power sectors will trigger an all-round hike in public road transport costs, rail fares, costs of cement and other infrastructure related activity across the country.
The oil marketing companies (OMCs) have also quietly raised the price of the domestic non-subsidised LPG cylinder by Rs. 46.50, a move that is likely to impact those who consume more than nine cylinders a year.