India Considers Fuel Price Hikes Amid Energy Conservation Efforts
Centre weighs fuel price hikes, WFH mandates
Hindustan Times
Image: Hindustan Times
The Indian petroleum ministry is contemplating raising petrol and diesel prices as part of energy conservation measures amid global supply disruptions. Prime Minister Narendra Modi's recent call for energy conservation aligns with potential work-from-home mandates for up to 50% of employees in organizations, reflecting a broader trend in response to rising global fuel costs.
- 01The petroleum ministry is considering raising fuel prices to conserve energy.
- 02Prime Minister Modi has urged citizens to conserve energy and foreign exchange.
- 03State-run retailers in Delhi have maintained fuel prices for two years despite losses.
- 04India imports over 88% of its crude oil, making it vulnerable to global supply disruptions.
- 05Similar austerity measures were previously implemented during oil price spikes in 2013.
Advertisement
In-Article Ad
The Indian petroleum ministry is exploring austerity measures, including potential increases in petrol and diesel prices, to address energy conservation amid global supply chain disruptions. Joint Secretary Sujata Sharma indicated that these measures could also involve work-from-home mandates for up to 50% of employees in organizations. Currently, state-run retailers sell petrol and diesel at ₹94.77 and ₹87.67 per liter, respectively, in Delhi, maintaining these prices for the past two years despite incurring significant losses. The government has been absorbing these costs, with oil marketing companies (OMCs) losing approximately ₹30,000 crore monthly due to the ongoing crisis in West Asia. The situation is compounded by India's reliance on imported crude oil, which constitutes over 88% of its consumption. Historical precedents from 2013 show that similar measures were taken during previous oil price spikes, emphasizing the need for immediate action to alleviate the financial strain on OMCs and the economy.
Advertisement
In-Article Ad
If fuel prices rise, consumers may face increased transportation costs, affecting daily expenses. Additionally, work-from-home mandates could lead to changes in employment dynamics and commuting patterns.
Advertisement
In-Article Ad
Reader Poll
Do you support the government's potential fuel price hikes as a measure for energy conservation?
Connecting to poll...
More about Ministry of Petroleum and Natural Gas

Government Ensures Fuel Availability Amid Energy Conservation Efforts by PM Modi
Business Standard • May 11, 2026
India's Petroleum Ministry Ensures Adequate Fuel Supply Amid Global Energy Crisis
Mint • May 11, 2026

Confusion Arises Among LPG Consumers Over Subsidy Messaging from Oil Marketing Companies
The Hindu • May 11, 2026
Read the original article
Visit the source for the complete story.

