News > Modi govt’s neoliberal policies are to blame for the unabating rise in fuel prices

Modi govt’s neoliberal policies are to blame for the unabating rise in fuel prices

For the last two weeks, prices of petrol, diesel and cooking gas have increased twelve times. A liter of petrol now costs Rs. 118.4 in Mumbai and diesel Rs 105 in Chittor.

Such a rise in fuel prices has a cascading effect not just on transport but on all other sectors of the economy too, leading to an alarming rise in inflation.