As the consumption of petroleum products in india has increased by 5.37%, the prices of petrol and diesel are expected to increase. This will increase the prices of all essential commodities including food items. The basic reason for the increase in the prices of all commodities is the price of petrol and diesel. The rise in crude oil prices, followed by the increase in petrol and diesel prices, will have an immediate impact on the prices of everyday goods. With it being said that a war is going on between international countries based on the production of crude oil, news has been released that its impact will increase in India.
The consumption of petroleum and related fuels in india is increasing every year. The government has announced that in 2025, the total consumption of petroleum products including petrol and diesel in india will increase by 5.37%. This development, in addition to reflecting the country's development trajectory, will have direct impacts on various economic sectors. In particular, changes in the price of petrol and diesel will have an impact on all living expenses, including food items. With the increase in public and private transport in india, the use of petrol and diesel prices has increased manifold. The number of vehicles like cars, bikes, trucks, and buses is increasing day by day. Due to this, the demand for fuel is increasing. Similarly, industrial growth is also increasing in India. Factories, manufacturing companies, and the construction sector require more fuel. Vehicle use is also growing rapidly in Tier-2 and Tier-3 cities. This is also said to be a major reason.

As the use of petroleum products in india has increased by 5.3 percent, it is said that petrol and diesel prices are likely to increase. Market experts have said that petrol prices are likely to increase by ₹2 to ₹4 per liter in the coming months. Similarly, they have said that diesel prices are likely to increase by ₹3 to ₹5 per liter. Recently, crude oil prices have started rising again in the international market. This has also had an impact, and although the government is trying to control the price situation, it generally causes additional costs for consumers.

Diesel price hikes will increase the cost of fertilizers and agricultural machinery. Also, the cost of truck transportation is likely to increase, which will increase the cost of food items entering the market. When food products are brought from farming towns to cities, the price of trucks will increase due to the increase in diesel prices. Tractors, tractors, and irrigation used in agriculture run on diesel. The price hike will increase the cost of crop cultivation. fruits and vegetables will be transported from the cold forests to big cities. Since the cold vehicles also run on diesel, the price will increase. As a result, the prices of all major food items including rice, pulses, vegetables, fruits, milk, fish, and meat are likely to increase by 5% to 12%.

Although the 5.37% increase in India's petroleum consumption is a sign of the country's progress in the development path, the resulting price hikes can create challenges in people's lives. The increase in fuel prices and the subsequent increase in food prices will affect low-income people. The government should take immediate relief measures to deal with this. At the same time, it is necessary for the public to plan their expenses in a balanced manner and make small changes in their lifestyle.
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Sowmiya Sriram

21/06/2025 10:50 AM