Fuel prices at record high: How it is impacting low-income households

Record high petrol and diesel rates across several districts have impacted the livelihoods of millions of wage earners, who are struggling to make ends meet. High fuel prices have also raised concerns about inflation. Here is all you need to know.

Rizwanudeen, a 37-year-old worker who delivers food in the southern Indian city of Chennai, struggles to pay his rent and loan instalments at the end of every month as he has been hit by the double whammy of higher fuel prices and fewer food orders. Millions of weekly wage earners like Rizwanudeen who make their living ferrying goods or people throughout India have been hit hard by record high fuel prices which are among the highest in Asia, having risen by a third in the 15 months since the coronavirus first struck the country. The average cost of a litre of petrol in Mumbai has risen above 100 rupees ($1.37) this month, 50 to 70% more than in Bangkok, Hanoi and Manila. State and federal taxes, which have doubled since Prime Minister Narendra Modi came to power in 2014, account for more than 60% of India's retail fuel price.