CM C.J. Vijay Condemns Fuel Price Hike Amid Global Tensions
Vijay said the increase will deepen inflation and hurt poor and middle-class households as oil retailers face losses of around Rs 1,000 crore a day.
- On Friday, Tamil Nadu Chief Minister Joseph Vijay opposed the Rs 3 per litre fuel price hike, urging the Union Government to immediately reverse the decision and calling it "unacceptable."
- State-Run oil marketing companies raised petrol and diesel prices by Rs 3 per litre each, marking the first increase in more than four years amid operational losses and unrest in the Middle East.
- Vijay criticized the hike's timing immediately after Assembly elections in five states, arguing that oil companies retain profits instead of reducing retail rates when international crude prices fall.
- The Chief Minister warned that rising costs will burden the poor, middle class, and MSME sector, potentially increasing inflation and stalling exports while vehicle rentals are expected to rise.
- Union Petroleum and Natural Gas Minister Hardeep Singh Puri stated that public fuel retailers face daily losses of Rs 1,000 crore, with quarterly deficits offsetting annual profits entirely.
16 Articles
16 Articles
Joseph Vijay Attacks Modi Govt For Fuel Price Hike But Seems To Have No Clue On Tamil Nadu’s Massive Fuel Taxes
Tamil Nadu’s new Chief Minister Joseph Vijay has chosen his first big political target: the recent ₹3 per litre hike in petrol and diesel by public sector oil companies. But a closer look at the numbers shows that his outrage is aimed in the wrong direction – and hides how much his own government gains from every litre sold in the state. CM’s charge: Centre, Oil PSUs to Blame In an official statement dated 15 May 2026, Vijay condemned the decisi…
"Incompetent Governance, Ill-conceived Policies: Telangana CM Revanth Reddy Slams Centre over Fuel Price Hike
Get latest articles and stories on India at LatestLY. Reddy questioned the rationale behind the fuel price revision and said it would have a cascading impact across "multiple sectors", leading to an increase in the cost of essential commodities and further financial pressure on households. India News | "Incompetent Governance, Ill-conceived Policies: Telangana CM Revanth Reddy Slams Centre over Fuel Price Hike.
Telangana CM slams Modi over fuel price hike, seeks immediate rollback
Hyderabad: Telangana Chief Minister A Revanth Reddy on Saturday, May 16, demanded that the Centre roll back the recent hike in petrol and diesel prices, saying the move will adversely impact many sectors. In a post on X, Reddy termed the Prime Minister Narendra Modi-led government’s decision to increase prices of petroleum products as “unjustifiable”. He said that citing the US-Iran war as an excuse to raise petrol and diesel prices does nothing…
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