The Ministry of Petroleum has taken a strong stance against rumors of a ₹25 increase in petrol and diesel prices, asserting that there is no current proposal for such an increase. This assurance comes as petrol and diesel shortages worsen across Andhra Pradesh.
Despite challenges, India stands out as the only country that has not increased fuel prices in the last four years. The government aims to keep fuel prices stable even amid global oil price fluctuations.
Officials from the Ministry stated, “There is no proposal to increase petrol and diesel prices currently before the government.” They urged citizens to disregard what they labeled as fake news surrounding potential price hikes.
The government is actively exploring alternative routes to ensure an uninterrupted supply of crude oil, which could mitigate future shortages. This proactive approach reflects the government’s commitment to maintaining stability in fuel pricing.
As the situation develops, observers will be keenly watching how these measures impact both supply chains and consumer sentiment. With global oil prices remaining volatile, the government’s ability to uphold its current policy will be tested.
