The Great Debate (India)

Has the fuel price hike hurt your budget?


Motorists wait at a petrol pump to fill petrol in Lucknow June 7, 2010. REUTERS/Pawan KumarThe government has freed up state-subsidised petrol prices and also hiked the prices of diesel, cooking gas and kerosene.

Petrol prices would be market driven and have been raised by 3.50 rupees per litre, while kerosene prices were hiked by 3 rupees a litre. Diesel prices saw an addition of 2 rupees per litre and will be freed up in the future. Cooking gas prices were raised by 35 rupees a cylinder.

The opposition parties have called a day-long strike to protest the fuel price hike seen as adding to double-digit inflation.

“As I enjoy my morning coffee and unexpected holiday. Ashamed the political parties strike it out in the Maximum city, Mumbai, ” read a post on twitter as the opposition tries to make a point.