BENGALURU: The Bruhat Bangalore Hotels Association has planned to increase the prices of food items as petroleum and oil marketing companies havee raised the prices of LPG cylinders in the city.
On March 1, people were shocked to see the price of commercial LPG cylinders increase by Rs 350.50 and domestic LPG cylinders by Rs 50 per unit with immediate effect. Due to this, the price of a commercial cylinder has now touched Rs 2,119. The petroleum and oil marketing companies have withdrawn the subsidy on LPG cylinders for hotels and restaurants whereas the minimum wage for hotel workers has increased by 23 per cent from January 13.
In an attempt to compensate for the price hike, the Bruhat Bangalore Hotel Association will meet the Union Minister of Petroleum and Natural Gas in order to reduce the price of LPG cylinders and also reduce the GST on commercial cylinders from 18 per cent to 5 per cent. The members have planned to meet the minister on March 16.
“The price hike on LPG cylinders is shocking and unexpected. The government is collecting 18 per cent GST and petroleum and oil marketing companies have withdrawn the subsidy. We have planned to meet the Union Minister of Petroleum and Natural Gas to discuss the issue of price hike this month”, said P C Rao, president of the Bruhat Bangalore Hotels Association.