Fuel price hike negatively impacts economy, triggers rise in essential commodity prices: Telangana CM Revanth Reddy
Telangana Chief Minister A Revanth Reddy has criticized the recent fuel price hike by the Union Government, claiming it will adversely affect the economy and increase essential commodity prices. He accused the Modi administration of mismanagement and failing to deliver on economic promises, particularly regarding employment and farmers' incomes. Reddy called for the immediate withdrawal of the price increase, labeling it a breach of public trust.
- ▪Telangana CM Revanth Reddy criticized the Union Government's decision to increase fuel prices.
- ▪He stated that the fuel price hike would lead to inflation and higher costs for essential commodities.
- ▪Reddy accused the Modi government of mismanaging the economy and failing to fulfill promises made to the public.
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Telangana Chief Minister A Revanth Reddy criticised the Union Government’s decision to increase petrol and diesel prices, stating that the move would severely impact the common man and trigger a rise in the prices of essential commodities.In a post on social media platforms, Mr. Reddy said the fuel price hike under the leadership of Prime Minister Narendra Modi was “completely unjustifiable” and would negatively affect multiple sectors of the economy. He warned that the increase in fuel costs would inevitably lead to inflationary pressure, making daily essentials more expensive for ordinary citizens.The Telangana Chief Minister accused the Modi government of mismanaging the economy through “inefficient governance and ill-conceived policies.” He said the slogan of “Atmanirbhar Bharat” had…
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