In a timely move to ease public concerns, the Indian government has ruled out any immediate hikes in petrol and diesel prices despite volatility in global oil markets triggered by West Asian unrest. The announcement, made Tuesday by Petroleum Ministry officials, underscores New Delhi’s commitment to fuel affordability.
Addressing an inter-ministerial press briefing, Joint Secretary Sujata Sharma detailed the supply chain’s resilience. ‘LPG, petrol, and diesel are fully stocked with stable pricing—no need to worry,’ she assured, pointing to round-the-clock surveillance of international developments.
West Asia’s tensions have indeed impacted crude and gas imports, but strategic interventions have secured full domestic allocations for LPG and PNG consumers. CNG for vehicles remains unaffected, while commercial LPG disruptions are being rectified swiftly, reaching 70% recovery.
Critical sectors—hospitals, schools, drugs, steel, and farming—top the priority list to avert shortages. A key highlight: doubling 5-kg LPG cylinder availability for migrant laborers and low-income families, ensuring no one is left behind.
As Brent crude prices fluctuate amid geopolitical risks, India’s fuel policy stands firm. This proactive stance not only stabilizes household budgets but also bolsters industrial confidence, proving the government’s readiness against global headwinds.
