No plan to raise petrol, diesel prices, Oil Ministry clarifies

New Delhi: The government on thursday dismissed reports of an imminent hike in fuel prices, stating there is no proposal under consideration to raise petrol or diesel rates.

“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 Ministry of Petroleum and Natural Gas said in a post on X.

The clarification comes after reports claimed prices may be hiked by Rs 25-28 a litre soon after Assembly elections. The Ministry said such reports are “designed to create fear and panic amongst the citizens and are mischievous and misleading.” The statement offers relief to consumers amid ongoing speculation over fuel costs.