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Govt Dismisses Fake Reports of Fuel Price Hike Post-Elections

The Ministry of Petroleum and Natural Gas has firmly dismissed social media reports claiming a hike in petrol and diesel prices following the elections, labeling them as "fake" and "mischievous." The ministry clarified there is no such proposal under government consideration and that fuel prices have remained unchanged for four years. This statement aims to counter misinformation and panic, emphasizing that oil companies have absorbed international price fluctuations to shield consumers. The government has urged the public to rely only on official sources for accurate information regarding fuel rates.

Key Points: Fuel Price Hike Reports Are Fake, Says Petroleum Ministry

  • Ministry dismisses price hike reports as fake
  • No proposal under government consideration
  • Fuel prices unchanged for 4 years
  • Public urged to avoid social media rumors
2 min read

Petroleum Ministry dismisses reports claiming hike in fuel prices, calls them 'Fake'

Petroleum Ministry denies social media reports of a petrol & diesel price increase after elections, calling them "mischievous and misleading."

"Such news items are designed to create fear and panic amongst the citizens and are mischievous and misleading. - Ministry of Petroleum"

New Delhi, April 23

The Ministry of Petroleum and Natural Gas has dismissed reports claiming a hike in petrol and diesel prices post elections, calling them "fake" and reiterating that fuel rates remain unchanged.

In a post on X on Thursday, the ministry said that "There are some news reports suggesting a price hike of petrol and diesel. It is hereby clarified that there is no such proposal under consideration by the Government."

The post added that "Such news items are designed to create fear and panic amongst the citizens and are mischievous and misleading."

It says India is the only country where petrol and diesel prices haven't increased in the last 4 years. "Govt of India and Oil PSUs have taken relentless steps in order to insulate the Indian citizens from steep increases in international prices."

The ministry urged citizens not to be misled by unverified information circulating on social media.

The clarification comes against the backdrop of rising global crude oil prices, which had triggered speculation on social media about a possible revision in domestic fuel rates once voting concludes in India.

The government clarified that oil marketing companies have held retail prices steady, absorbing fluctuations in crude costs, in line with the government's broader effort to shield consumers from inflationary pressures.

The ministry's latest statement seeks to counter misinformation that gained traction online, with several posts claiming an imminent hike in fuel prices. Dismissing these claims, the ministry emphasised that there has been no revision and that existing rates continue to apply.

The government has, on multiple occasions, highlighted its commitment to ensuring the affordability of essential fuels, particularly at a time when global energy markets remain uncertain. The decision to keep retail prices unchanged, despite upward pressure from international crude, has been seen as part of that strategy.

With the ministry's latest clarification, the government has again urged the public to rely on official sources for accurate information and avoid reacting to rumours, as fuel prices across the country remain unchanged.

- ANI

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Reader Comments

S
Sarah B
While I appreciate the clarification, the claim that prices haven't increased in 4 years feels a bit misleading. Yes, the base price might be steady, but we pay so much in taxes! In Delhi, over 50% of what we pay is tax. The relief would be real if those were reduced. 🙏
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Ananya R
Thank you for the update! This is a relief. With everything getting so expensive, at least fuel prices are stable for now. Hope it continues post-elections as well. Fingers crossed! 🤞
V
Vikram M
The timing of these rumours is suspicious, right before elections. Clearly someone wants to create a negative narrative. People should verify news from the official handle @PetroleumMin before sharing. Jai Hind!
K
Karthik V
Stable fuel prices are a big help for my transport business. The OMCs absorbing the global price rise is a good step. But sir, please also look at the high CNG prices in cities like Mumbai and Delhi. That is hurting us auto-walas a lot.
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Michael C
Interesting to see India managing this while prices are volatile globally. It's a tough balance for any government. Hope the stability continues for the sake of common people and the economy.

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