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Revanth Reddy demands Modi rollback petrol diesel hike after election results within days over Rs 3
Politics
Published on 16 May 2026
Hike came less than ten days after polls
Telangana Chief Minister A Revanth Reddy has demanded the Centre roll back a recent increase in petrol and diesel prices, calling it unjustifiable and damaging to multiple sectors. In an X post, he said the justification tied to the US-Iran war amounts to breaking the backbone of the common man. Reddy claimed the government promised before elections in four states and one Union Territory that prices would not rise, yet increased them by more than Rs 3 within days.
- Reddy urged the Centre to immediately reverse petrol and diesel price hikes
- He called the move unjustifiable and blamed it for hurting the common man
- Reddy cited the US-Iran war excuse as a misleading justification for price rises
- He said prices increased by more than Rs 3 within less than ten days after election results
- He linked the hike to broader economic concerns including weaker industries and jobs anxiety
- Reddy alleged the rupee’s decline has hit a peak and challenged “third-largest economy” claims
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times