CNG Price Hike: A Band Aid Solution in a Larger Energy Crisis The recent hike in compressed natural gas (CNG) prices by Rs 2 per kg, following the increase in petrol and diesel rates, is the latest manifestation of India's struggles to manage its energy supplies.
Despite government assurances that there is no fuel shortage, the country's reliance on imported oil makes it vulnerable to global price fluctuations.
The decision to raise CNG prices will impact consumers in major metro cities such as Delhi and Mumbai.