Govt’s Slow Burn Fuel Strategy To Avoid Public Outrage?

Just last month, the Ministry of petroleum in India confirmed that there would be no indefinite hike in petrol and diesel prices across the country, regardless of the global situation.

However, within just a couple of weeks, everything went for a toss as the Union Ministry increased petrol prices not once, but twice within a span of one week.

After a significant hike last week, which sent fuel prices to over Rs 110 in states like Andhra Pradesh, there was another marginal increase today again.

Petrol hiked by 87 paise per litre
Diesel hiked by 91 paise per litre

Interestingly, this is already the third hike in recent days. The government had first implemented a major increase, followed by another hike of around 80 paise, and now yet another revision close to 90 paise.

This step by step increase strategy is now drawing criticism from many sections, with people alleging that the government is deliberately hiking prices in smaller phases to avoid massive public outrage at once.

Considering the global conflict, which is a result of the Iran and United States war, it could be a common practice for Indian government to periodical increase fuel prices. There could be several such minor corrections in the prices on a consistent basis from now on.

The worst part is that the Telugu state of Andhra Pradesh and Telangana are having to pay the highest price for petrol and diesel as they are ranked on the top of the list.