Home/MARKETS/CHINA/Article
MARKETS

Vijayawada hoteliers urge Andhra Pradesh government to address rising PNG prices

Hoteliers in Vijayawada, through Vijayawada Hotel Owners Association, have reached out to Joint Collector S. Ilakkiya, seeking government intervention regarding skyrocketing commercial piped natural gas prices. They claim that lowering the 18% GST on rental premises to 5% is crucial for easing financial burdens and aiding local businesses.

BRIC Team
BRIC Team
Jun 10, 2026 · 1 min read · 5 views
Vijayawada hoteliers urge Andhra Pradesh government to address rising PNG prices

Key Takeaways

  • Vijayawada hoteliers are urging the government to intervene as commercial piped natural gas prices soar, threatening their operations.
  • The Vijayawada Hotel Owners Association submitted their appeal to Joint Collector S. Ilakkiya on Tuesday.
  • Hoteliers highlighted the disparity in PNG pricing, noting Rajamahendravaram's more reasonable rates compared to local private suppliers.
  • They are advocating for a reduction in the 18% GST on rental premises, proposing it be lowered to 5% to support small businesses.
  • The hospitality sector plays a critical role in job creation and tourism, underscoring the urgency of their appeal to the government.

Hoteliers in Vijayawada are raising alarm over skyrocketing prices for commercial piped natural gas, urging Andhra Pradesh government to step in. In appeal to Joint Collector S . Ilakkiya Tuesday,members of Vijayawada Hotel Owners Association stressed hospitality's role in jobs and tourism .

The association thanked government for its support but warned of the steep PNG price hike threatening their operations. They said global market swings and geopolitical issues have driven fuel costs up,but local private suppliers are setting sky-high rates. This is squeezing hotels,restaurants hard.

Hoteliers compared public sector companies,which keep rates steady,with private distributors charging much more. They cited Rajamahendravaram,where gas prices are more reasonable,arguing government must regulate commercial PNG prices consistently if hospitality is to switch to piped gas.

And they want the 18% GST on hotel and restaurant rental premises cut. They say this high tax rate hurts business viability,especially for small and medium outfits . A drop from 18% to 5% could ease financial strain,save jobs,encourage investment…

#Vijayawada

Share this article

Related Articles

Nickel prices plunge sharply on June 10 as CPI rises 1.2% YoY in May

Nickel prices plunge sharply on June 10 as CPI rises 1.2% YoY in May

On June 10, nickel prices took a significant hit, as SMM #1 refined nickel plummeted by 2,200 yuan per metric ton. This drop comes on the heels of the National Bureau of Statistics revealing a 1.2% increase in the Consumer Price Index for May, adding to existing macroeconomic pressures.

BRIC Team

Jun 10, 20261 views
Platinum prices drop again amid US-Iran tensions and liquidity concerns

Platinum prices drop again amid US-Iran tensions and liquidity concerns

Platinum prices took a significant hit, with GFEX PT2608 contract closing at 411.8 yuan per gram, reflecting a 5.43% drop. This decline has sparked worries over liquidity and lowered hopes for dovish signals from Federal Reserve, all while tensions between United States and Iran continue.

BRIC Team

Jun 10, 20261 views
Maruti Suzuki launches price protection scheme ahead of June 14 price hike

Maruti Suzuki launches price protection scheme ahead of June 14 price hike

Maruti Suzuki India has introduced a Price Protection Scheme for entry-level vehicles, enabling customers to lock in current prices ahead of a planned increase of up to ₹30,000. This initiative, open for bookings until June 14, 2026, is designed to assist first-time buyers facing rising input costs and inflation in automotive sector.

BRIC Team

Jun 10, 20261 views
SHFE tin contract declines to 394,000 yuan amid rising Middle East tensions

SHFE tin contract declines to 394,000 yuan amid rising Middle East tensions

Shanghai Futures Exchange reported tin prices closing at 394,000 yuan per metric ton on June 10, 2026, reflecting a 1.89% decline. This decrease is linked to rising military confrontations between Israel and Iran, which have intensified geopolitical uncertainties impacting market sentiment.

BRIC Team

Jun 10, 20261 views
Cusat considers expanding Kuttanad campus with new undergraduate programs

Cusat considers expanding Kuttanad campus with new undergraduate programs

Cochin University of Science and Technology plans to broaden its academic offerings at Cochin University College of Engineering in Kuttanad, Alappuzha. New niche undergraduate programs are set to launch by 2027-28 academic year. This initiative seeks to boost enrollment and foster a self-sustaining campus, while also responding to local job market needs.

BRIC Team

Jun 10, 20263 views
Axis Mutual Fund and Aditya Birla Sun Life MF limit gold scheme subscriptions amid rising demand

Axis Mutual Fund and Aditya Birla Sun Life MF limit gold scheme subscriptions amid rising demand

Axis Mutual Fund and Aditya Birla Sun Life Mutual Fund have recently put temporary restrictions on their gold schemes, starting June 8 and June 9, respectively. These actions, which include limits on transactions of ₹25 crore and ₹10 lakh per PAN each month, come as a reaction to rising gold prices and heightened investor interest.

BRIC Team

Jun 10, 20263 views