ANI
07 Jun 2026, 21:02 GMT+10
New Delhi [India], June 7 (ANI): Samajwadi Party MP Rajeev Rai on Sunday alleged that his earlier prediction regarding rising prices had come true, claiming that inflation was increasing in a phased manner after elections and calling the government 'directionless' with no clear policy framework.
Speaking with ANI, Rai said, 'During the West Bengal elections, I had said that this is a government which waits for the right moment. Once the elections end, prices will start rising in instalments, day by day. This is a directionless government, with no vision, strategy, or plan and the nation is paying the price for it,' he said.
Samajwadi Party MP Neeraj Maurya on Sunday expressed concern over the recent LPG cylinder price hike, alleging that the government has failed to control rising costs.
Maurya, while speaking to reporters, said, 'We have been continuously opposing rising inflation, the increasing cylinder prices, and the shortage of cylinders. The government has failed to control this.' He further urged that an all-party meeting be called on the issue, adding, 'The government must clarify the situation and explain where we stand today.'
Meanwhile, Bihar BJP President Sanjay Saraogi described the price hike as a 'global phenomenon' and credited Prime Minister Narendra Modi's policies for keeping the rise moderate in India.
'It is rising across the entire world, not just in India. However, the rate of increase in India is much lower compared to other countries. This is due to the Prime Minister's global outreach and policy, which has ensured that the rise is far more moderate here than elsewhere,' he said.
Domestic LPG prices have been increased by Rs 29 per cylinder from Sunday amid the rise in cost due to the West Asia crisis. The Ministry of Petroleum and Natural Gas said the prices of petroleum products in India are linked to the corresponding prices in the international market.
The Government, however, continues to modulate the effective price to the consumer for domestic LPG. Any household can buy as many cylinders as it needs at Rs 942. (ANI)
Get a daily dose of Asia Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Bulletin.
More InformationPARIS, France: U.S. Defense Secretary Pete Hegseth used a speech marking the anniversary of the D-Day landings to urge European countries...
OSLO, Norway: Norway's Crown Princess Mette-Marit has been put on a waiting list for a lung transplant after her health got worse,...
TIRANA, Albania: Thousands of people in Tirana protested this week against a plan to build a luxury resort on a sensitive stretch of...
DIBBINE, Lebanon: Israel's air force carried out strikes in several areas of southern Lebanon on June 5, and the military told people...
SEOUL, South Korea: North Korea, on June 4, revealed a new facility for producing fuel used in nuclear weapons, with leader Kim Jong...
DUBLIN, Ireland: A general practitioner and former member of the Medical Council has been found guilty of professional misconduct because...
WASHINGTON, D.C.: The U.S. labor market continued to outperform expectations in May, with employers adding more jobs than forecast...
DARTFORD, England: Amazon introduced a new generation of AI-powered warehouse robot capable of responding to conversational instructions,...
NEW YORK CITY, New York: SpaceX is preparing for what could become the largest initial public offering in history, a deal that may...
NEW YORK CITY, New York: Quantinuum, the quantum computing company backed by Honeywell, saw its shares rise sharply in its Nasdaq debut...
TORONTO, Ontario: The Canadian dollar traded near an eight-week low against the U.S. dollar on Friday as investors looked ahead to...
NEW YORK, New York - U.S. stock markets suffered a brutal beating on Friday, with the tech-heavy NASDAQ leading a dramatic sell-off...
