PM Modi: Govt Limits Diesel Price Hike To ₹7, Absorbs ₹43 Burden To Protect Farmers

Prime Minister Narendra Modi highlights the government's decision to limit the diesel price increase to ₹7 per litre despite rising global crude oil prices during the West Asia conflict. He says diesel prices could have risen by ₹50 per litre, but the government absorbed ₹43 of the burden to protect farmers and citizens from international market shocks. According to the Prime Minister, the government has been bearing a monthly loss of ₹14,000 crore to shield farmers from higher fuel costs. He emphasises that protecting farmers' interests remained a priority amid global energy market volatility.