Govt will ‘pay the price’ for fuel cost hikes: Sharad Pawar; Fadnavis defends Centre
Mumbai/Kolhapur/Nagpur: A day after the cost of domestic LPG cylinder was raised by Rs 29—the second increase in three months —NCP (SP) chief Sharad Pawar on Sunday warned govt that it will pay “the political price” for repeated fuel hikes.
The latest revision took the retail price in Mumbai to Rs 941.5 per cylinder.
“The Centre is hiking [fuel] prices frequently. It started with Rs 2, and now prices have reached this far. This hike has affected the livelihoods of the common people. The PM had initially said that he is keeping inflation under control, but it seems that administering the shock of increasing prices step-by-step may be his formula to bring inflation under control. The people in power will understand the political price of increasing prices of fuel and LPG at an appropriate time,” he told reporters in Kolhapur.
CM Devendra Fadnavis defended the Centre. He said the war had pushed up fuel prices globally and that India had largely managed to cushion its impact on citizens. “The whole world knows that because of the war situation, no country has remained untouched. The prices of petrol, diesel and cooking gas have risen across countries, including India. Even then, our PM has made significant efforts to keep prices under control. We have seen prices fall in the past as well. When conditions improve and supply increases, prices will come down again,” he told reporters in Nagpur.
The latest hike in the price of domestic LPG came three months after the last hike of Rs 60 on March 7, a cumulative increase of Rs 89 per cylinder, squeezing monthly household budgets and raising concerns over affordability for regular users. A 19kg commercial cylinder is priced at Rs 3,067.5, while the 5kg cylinder stands at Rs 841, reflecting the wider impact of such increases across consumer categories.
Consumer groups said repeated hikes, even in small steps, translate into a significant burden over time, especially for families with limited savings and fixed incomes. (With inputs from Abhijeet Patil in Kolhapur & Abhishek Choudhari in Nagpur)
“The Centre is hiking [fuel] prices frequently. It started with Rs 2, and now prices have reached this far. This hike has affected the livelihoods of the common people. The PM had initially said that he is keeping inflation under control, but it seems that administering the shock of increasing prices step-by-step may be his formula to bring inflation under control. The people in power will understand the political price of increasing prices of fuel and LPG at an appropriate time,” he told reporters in Kolhapur.
CM Devendra Fadnavis defended the Centre. He said the war had pushed up fuel prices globally and that India had largely managed to cushion its impact on citizens. “The whole world knows that because of the war situation, no country has remained untouched. The prices of petrol, diesel and cooking gas have risen across countries, including India. Even then, our PM has made significant efforts to keep prices under control. We have seen prices fall in the past as well. When conditions improve and supply increases, prices will come down again,” he told reporters in Nagpur.
The latest hike in the price of domestic LPG came three months after the last hike of Rs 60 on March 7, a cumulative increase of Rs 89 per cylinder, squeezing monthly household budgets and raising concerns over affordability for regular users. A 19kg commercial cylinder is priced at Rs 3,067.5, while the 5kg cylinder stands at Rs 841, reflecting the wider impact of such increases across consumer categories.
Consumer groups said repeated hikes, even in small steps, translate into a significant burden over time, especially for families with limited savings and fixed incomes. (With inputs from Abhijeet Patil in Kolhapur & Abhishek Choudhari in Nagpur)
Comments
Be the first to share a thought and become theFirst Voiceof this News Article
end of article
Trending Stories
- Rupee rallies strongly after RBI announces new measures to attract foreign investors amid Middle East conflict
- RBI MPC Meeting 2026 Live Updates: Will RBI governor Sanjay Malhotra announce repo rate hike to keep inflation under check amid US-Iran war?
- Rajesh Exports share price today: Stock tanks 5% to hit lower circuit as SEBI bans CMD for financial irregularities
- US-Iran war: India looks to attract foreign investment; capital gains tax on government securities may be scrapped
- US-Iran war: Rs 10,000 crore ATF Price Stabilization Fund approved for OMCs - how it aims to benefit airlines, passenger
- Why is stock market down today? BSE Sensex, Nifty50 crash around 1% - top reasons for fall
- Petrol, diesel price hikes could push up inflation and transport costs, says Crisil
Photostories
- Cancer before 50? Why doctors are concerned about the rise in early-onset cases
- 10 must- try local dishes in Udaipur
- 5 beautiful flowering creepers that double up as living curtains
- From Athirappilly to Palaruvi; 8 spectacular waterfalls to visit in Kerala this summer
- Inside real-estate tycoon Satish Sanpal’s ₹100-crore Burj Khalifa home: The billionaire who gifted his Baby a pink Rolls-Royce and own 40 kg of gold
- How Mumbai’s Rs 248 crore Mrinaltai Gore flyover extension is a big win for commuters
- Inside Avneet Kaur’s stunning Mumbai home: white-gold interiors, a dream walk-in wardrobe, and more
- This is one of the cheapest countries to visit from India; budget, how to reach, best time to travel and more
- 7 Fascinating facts about the honey badger
- 10 ways to enjoy watermelon during summer season
Up Next
Follow Us On Social Media