The month of July is going to be a huge burden on the pockets of thecommon man battling Covid pandemic as the prices of Amul milk have increased on one side, the LPG cylinder has also become expensive on the other side.
At the same time, the service charge of the bank has also increased from July 1 while the fuel prices are already skyrocketing.
The rise in fuel prices have already hit the common man but from today the price of liquefied petroleum gas (LPG) cylinders or cooking gas cylinders has also gone up by Rs 25.50.
From July 1, the price of non-subsidised LPG will be Rs 834.50 per cylinder (14.2 kilograms) each in Delhi and Mumbai. The price of LPG cylinder is the highest in Chennai, at Rs 850.50.
With the latest price hike, LPG prices have gone up by Rs 140 per 14.2-kg cylinder in the last six months. This is the ninth LPG price hike imposed by the central government since March 1.
Amul has also decided to increase the milk prices by Rs 2 per liter. Under this, consumers in Delhi-NCR will have to pay Rs 57 for a liter pack of Amul full cream milk, while Rs 29 for a half liter pack of full cream milk. The price of toned milk has also been increased by Rs 2 per kg.
From today the banks are going to increasing the service charge. The country’s largest bank State Bank of India has said from July 1, 2021, the new service charges will be applicable for the account holders. The increase in charge will be done in ATM withdrawal, check book, money transfer and other transactions.
It has become difficult to manage the household budget amid the reduced income hit by the Covid pandemic. A sky-high rise in the prices of vegetables, edible oil, pulses, fruits, LPG etc. has been recorded in the last six months and there has been a further decline in income the Covid second wave.
Due to the Covid pandemic, the pace of the economy is already slow, in such a situation, the public have been hit by all-round inflation which has increased the burden on the shoulders of India’s common man. With such hikes in daily use items, it is becoming difficult to manage the budget of the house.