The hike in petrol and diesel prices on Saturday came as a rude jolt to city dwellers, who are reeling under the rising prices of essential commodities.

Cascading effect

Most fear that the latest increase in fuel prices will impact the rates of other commodities and hit their monthly budgets.

Prices of onion, green chillies and vegetables have already hit the roof.

A kg of Kurnool sona rice is now costing Rs.52 in the retail market.

“At this rate, having two square meals a day would be a big challenge for people. This is shocking,” fumes Vijay Kumar, an employee of a petrol bunk at Trimulgherry.

Long queues

On learning about the rise in fuel prices, motorists thronged fuel stations in various areas. Some outlets witnessed serpentine queues till midnight.

Kamesh Babu, general secretary of Federation of Associations of Colonies and Apartments, went ballistic on the hike.

“It appears that the Central and State governments are focusing only on the welfare of corporate companies and ignoring the interests of common people,” he complained.

‘Bring down taxes’

He demanded that the State government reduce taxes on fuel to bring relief to the people.

He said the taxes are the highest in the country.

Many believe the decision to increase the price of petrol by over Rs. 3 per litre and Rs.0.60 paise per litre on diesel will cast a cascading effect on the prices of all the commodities.

Citing the steep hike, Dilip Pansari, general secretary of Hyderabad and Secunderabad Retail Dealers Association, said autos and taxis would soon increase the charges.

“Eventually, it is the common man who has to bear the brunt,” he added.

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