The Ministry of Petroleum has confirmed that there is no proposal to increase fuel prices, despite worsening petrol and diesel shortages across Andhra Pradesh.
India has not raised petrol and diesel prices in the last four years. The government aims to maintain stable fuel prices amid global oil price fluctuations.
Recently, rumors suggested a ₹25 increase in fuel prices. The Ministry labeled these rumors as fake news and urged citizens not to believe them.
The government is actively exploring alternative routes to ensure an uninterrupted supply of crude oil. Officials are focused on managing supply chains effectively.
The Ministry stated, “There is no proposal to increase petrol and diesel prices currently before the government.” This clear stance highlights India’s unique position in the global market.
Observers note that maintaining stable fuel prices could be crucial for economic stability. The government’s proactive approach may help mitigate further shortages.
