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The Union Minister's comments came after opposition parties criticised state-owned oil companies for increasing petrol and diesel prices by ₹3 per litre, ending a prolonged freeze on fuel rate revisions. CNG prices in Delhi were also raised by ₹2 per kg.
Mumbai: Union Minister Kiren Rijiju during a National Seminar on 'Parsis in Modern India: Navigating Cultural and Socio-Economic Pathways' organized by National Commission for Minorities (NCM) at Yashwantrao Chavan Centre, in Mumbai, Maharashtra, Saturday, May 9, 2026. (PTI)Union minister Kiren Rijiju on 15 May defended the Centre’s decision to raise petrol and diesel prices, saying India had managed to keep the increase minimal despite a sharp surge in global crude oil prices triggered by the West Asia conflict.
In a post on X following the fuel price hike, Rijiju said several countries across the world had witnessed petrol and diesel price increases ranging from 20 per cent to nearly 100 per cent, while India restricted the hike to 3.2 per cent for petrol and 3.4 per cent for diesel.
“As the world grappled with soaring fuel prices amid the West Asia conflict, India stood apart,” Rijiju wrote on X. Rijiju, an MP from Arunachal Pradesh is Minister of Parliamentary Affairs and Minister of Minority Affairs in Prime Minister Narendra Modi-led Union Cabinet.
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Petrol and diesel prices were increased due to a sharp surge in global crude oil prices triggered by the West Asia conflict. State-owned oil companies had absorbed massive losses for weeks as Brent crude prices crossed $100 per barrel.
Petrol and diesel prices were increased by ₹3 per litre. CNG prices in Delhi were also raised by ₹2 per kg.
India managed to keep the fuel price increase minimal, with petrol rising by 3.2% and diesel by 3.4%. Several other countries experienced price increases ranging from 20% to nearly 100%.
Opposition parties criticized the fuel price hike, linking it to the completion of Assembly elections and accusing the government of 'vasooli' (extortion). Leaders like Akhilesh Yadav and Rahul Gandhi commented on the price increase.
The government defends the hike by stating that public sector oil marketing companies absorbed significant losses due to volatile global markets and soaring crude oil prices. They highlight this as 'governance with responsibility' and leadership that prioritizes public welfare.
Rijiju’s comments came after opposition parties criticised state-owned oil companies for increasing petrol and diesel prices by ₹3 per litre, ending a prolonged freeze on fuel rate revisions. CNG prices in Delhi were also raised by ₹2 per kg.
Opposition Criticism
The Congress party linked the fuel price hike to the completion of the Assembly election in four states and one union territory, saying that PM Modi's ‘vasooli (extortion) begins’ after the elections.
Rijiju also said public sector oil marketing companies absorbed “massive losses for weeks” even as Brent crude prices crossed $100 per barrel and global markets turned volatile.
“This is governance with responsibility. This is leadership that puts people first,” he said, praising Prime Minister Narendra Modi for balancing “economic stability with public welfare”.
As the world grappled with soaring fuel prices amid the West Asia conflict, India stood apart.
The fuel price hike comes amid growing concerns over inflationary pressure and the economic impact of the ongoing tensions in West Asia. The government has argued that global crude prices and supply uncertainties have forced oil companies to revise retail fuel prices after absorbing losses for an extended period.
The Opposition, however, has targeted the Centre over the hike, accusing the government of burdening citizens already struggling with rising living costs. Samajwadi Party chief Akhilesh Yadav also took a swipe at the government by sharing a cartoon on social media promoting bicycles as an alternative mode of transport amid rising fuel costs.
About the Author
Gulam Jeelani
Gulam Jeelani is Political Desk Editor at LiveMint with over 16 years of experience covering national and international politics. Based in New Delhi, Jeelani delivers impactful political narratives through breaking stories, in-depth interviews, and analytical pieces at LiveMint since February 2024. The expertise in video production fuels his current responsibilities, which include curating content and conducting video interviews for an expanding digital audience.<br><br> Jeelani also travels during elections and key political events and has covered assembly elections in key states apart from national elections. He has previously worked with The Pioneer, Network18, India Today, News9Plus and Hindustan Times.<br><br> Jeelani’s tenure at LiveMint and previous experience at print and digital newsrooms have honed his skills in creating compelling text and video stories, explainers, and analysis that resonate with a diverse viewership.<br><br> Before moving to New Delhi in 2015, Jeelani was based in Uttar Pradesh, where he worked for five years as a reporter. In 2018, Jeelani was one of the two Indian journalists selected for the Alfred Friendly Fellowship in the US. There, he attended training workshops on reporting and data journalism, and he was attached to the Minneapolis Star Tribune in Minnesota, where he worked as a reporter.<br><br> Jeelani is a Bachelor's in Chemistry and holds a Masters Degree in journalism and mass communication from Aligarh Muslim University. Outside work, he enjoys poetry, cricket and movies.
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