Analysts See Move as Balancing Relief MeasuThe decision to retain the petrol price and provide modest cuts in other fuels is expected to offer limited relief to consumers and transporters, especially amid ongoing inflationary pressures. Diesel, widely used in agriculture and heavy transport, remains a key determinant of food and commodity costs, and its Rs 3 reduction may ease some burden on freight and farmers. The reduction in kerosene and light diesel oil, mostly consumed in remote areas and by small-scale industries, also indicates an attempt to support lower-income groups.
However, analysts point out that keeping petrol unchanged while adjusting other products reflects the government’s balancing act between public relief and fiscal constraints. They note that while global crude prices have shown some softness, taxation and revenue needs continue to limit major reductions domestically. They note that while global crude prices have shown some softness, taxation and revenue needs continue to limit major reductions domestically.res with Fiscal Pressures
