Rahul Gandhi warns of ‘economic storm’ after fuel price hike
New Delhi: Leader of Opposition in Lok Sabha Rahul Gandhi Opened a front against the Prime Minister on Tuesday Narendra Modi On the rise in fuel prices, he said that “an economic storm is coming.”Speaking to reporters in Rae Bareli, the Congress leader said “tough times are coming” for the country’s economy and alleged that instead of taking action, PM Modi was asking people not to undertake foreign trips.Rahul said, “I have been saying for some days that Modi ji has changed the economic structure. An economic storm is about to come. His Adani-Ambani structure will not last long; it will collapse. The unfortunate thing is that the common man will suffer.”He said, “The economic shock will not have any impact on Adani, Ambani and Modi; it will have a deep impact on the common man. It will be unprecedented. Difficult times are coming. Instead of taking action, Narendra Modi is asking people not to undertake foreign trips while he himself is on a world tour.”Earlier on Tuesday, petrol and diesel prices were hiked by nearly 90 paise per litre, the second increase in fuel rates in less than a week after state-run oil companies ended a nearly four-year moratorium on revision.Petrol prices in the national capital rose to Rs 98.64 per litre, while diesel prices rose to Rs 91.58 per litre. Rates vary across states due to differences in value added tax.Fuel prices are now at their highest since May 2022.Also read: Petrol, diesel price hike: Congress targets Centre, ‘Inflation Man’ takes a dig at PM ModiOn May 15, compressed natural gas (CNG) prices were increased by Rs 2 per kg in cities including Delhi and Mumbai. On Sunday, CNG prices were again increased by Re 1 per kg.Global crude oil prices have surged more than 50 percent since the US-Israeli attack on Iran on February 28 and Tehran’s retaliatory strikes disrupted flows through the Strait of Hormuz, a major artery for global oil shipments.Despite the jump, retail fuel rates remained steady at two-year-old levels in what the government said was an effort to protect price-sensitive consumers from higher global energy costs. However, opposition parties alleged political motives behind the ban as elections were being held in key states.Also read: ‘People are forced to travel in bullock carts’: Congress protests over fuel, milk price hike
