No Fuel Price Hike on May 1, Government Confirms
By ThePip Desk•
Key Highlights
Government clarifies no plans to increase petrol and diesel prices from May 1, easing speculation and panic buying concerns.
The government has officially stated that it is not considering any proposal to raise the prices of petrol and diesel from May 1. This clarification was issued by a petroleum ministry official.
The announcement comes in response to growing speculation about an imminent fuel price increase, which had gained traction following the conclusion of key state elections. This speculation had reportedly led to panic buying and the formation of long queues at fuel stations in several regions.