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New Delhi: The month of May is about to end. After this the month of June will start. On the first date of every month, some change happens in the country. Some changes are going to happen from June 1, which will directly affect you. That’s why before the beginning of June, it is important to know what changes will happen in the new month and how it will affect you. Petroleum company can change the prices of LPG cylinders. Apart from this, there will be other changes as well.
LPG price may change
Government oil companies change the prices of cooking gas on the first of every month. LPG gas prices are fixed on one date every month. The prices of 19 kg commercial cooking gas cylinders were reduced on the first day of April and May. But there has been no change in the price of 14 kg LPG cylinder. In March, the prices of domestic gas cylinders were cut by Rs 50.
CNG-PNG prices can change
Like LPG cylinders, the prices of CNG-PNG also change on the first day of the month. Petroleum companies keep changing the price of CNG-PNG in cities like Delhi and Mumbai. CNG-PNG prices were revised in Delhi and Mumbai in April. There was no change on 1 May. In that, the eyes of the general public are expecting a fall in the price of CNG-PNG from June 1.
Electric vehicles will become expensive
From June 1, buying electric two-wheelers will become costlier in the country. That is, if you are going to buy an electric bike or scooter after June 1, then you will have to pay a higher price. As per the notification dated 21st May, the Ministry of Heavy Industries has revised the FAME-2 subsidy amount and reduced it to Rs 10000 per kWh. Earlier this amount was 15,000 kWh. This can cost up to Rs 25 to 35 thousand on electric vehicles.
Reserve Bank Campaign
From June 1, the Reserve Bank of India will start a campaign to settle the unclaimed amount deposited in the country’s banks. The campaign has been named 100 Days 100 Payments. The Reserve Bank has already informed all the banks in this regard. Under this campaign, 100 unclaimed amount will be settled in 100 days.