LAMF
LAMF

Rahul Gandhi alleges Modi govt lacks economic strategy, warns of fuel price hike after elections

Rahul Gandhi also expressed concern that the government will raise the prices of petrol, diesel and LPG following the elections in West Bengal, Tamil Nadu, Assam, Kerala and the UT of Puducherry scheduled next month.
March 21, 2026 / 20:21 IST
Congress leader Rahul Gandhi. (File photo)
Snapshot AI
  • Rahul Gandhi accuses Modi govt of lacking economic strategy
  • He warns of petrol, diesel, LPG price hikes after elections
  • Rupee weakening and rising fuel prices may impact households

Congress leader Rahul Gandhi on Saturday accused the Modi government of lacking both direction and strategy necessary to manage the current economic situation facing the nation.

Gandhi also expressed concern that the government will raise the prices of petrol, diesel and LPG following the elections in West Bengal, Tamil Nadu, Assam, Kerala and the UT of Puducherry scheduled next month.

The leader of opposition in Lok Sabha said the weakening value of rupee against the US dollar and a sharp rise in industrial fuel prices will inevitably lead to price hikes affecting every Indian.

He also claimed that while the government offers “empty rhetoric” and maintains that everything is “normal”, the reality is that the rising costs of daily items will impact every household.

“The rupee weakening against the dollar and heading towards 100, along with a sharp rise in industrial fuel prices – these are not just numbers; they are clear signals of the inflation to come.

“The government may call it normal, but the reality is: Production and transport will become more expensive; MSMEs will be hit the hardest; prices of everyday items will go up; and FII money will flow out even faster, putting more pressure on the stock market,” Gandhi said in a post in Hindi on X.

In other words, he said, it is certain to have a direct and deep impact on every family's pocket.

“And it's just a matter of time – after the elections, the prices of petrol, diesel and LPG will be hiked too,” Gandhi claimed.

“The Modi government has neither direction nor strategy – just empty rhetoric. The question is not what the government is saying, it is what is left on your plate,” he claimed.

The Congress has been critical of the government's efforts to tackle the current situation arising out of the conflict in West Asia, which has affected India's energy requirements.

PTI

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347