'Bitter Pill We Must Swallow?': Shubhrastha, PK Basu & Sanjeev Srivastava On Fuel Shock Debate

'Bitter Pill We Must Swallow?': Shubhrastha, PK Basu & Sanjeev Srivastava On Fuel Shock Debate

Columnist Shubhrastha argues that someone must pay for higher fuel costs and that shielding consumers entirely is impossible in a war- and Hormuz-hit world, calling the hike a “bitter pill” rooted in geopolitics. Economist PK Basu says the Centre first cushioned consumers via excise cuts and LPG subsidies but warns India cannot be fully insulated if crude spikes sharply. Senior journalist Sanjeev Srivastava questions why buffers from years of high domestic prices and a slowing, unequal economy haven’t prevented today’s squeeze.

#FuelPriceHike #Shubhrastha #PKBasu #SanjeevSrivastava #PetrolDiesel #IndiaEconomy #HormuzCrisis #OilPrices #EVPolicy #Renewables

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