CNG prices increased again in Delhi-NCR! After the fourth increase in just 2 weeks, a new crisis of inflation is looming over the common man. Amid Middle East tensions, the Strait of Hormuz crisis and rising global energy costs, auto, taxi and bus fares are now on the rise.
New Delhi: Inflation has dealt another big and sharp blow to the pockets of the common people. The prices of Compressed Natural Gas (CNG) in Delhi and the adjoining National Capital Region (NCR) have once again been increased by a huge increase of ₹ 2 per kg. This is the fourth increase in fuel rates in just the last 14 days, which has left the middle class and public transport drivers devastated. This news, which came amid the Middle East crisis, has created a stir everywhere.
‘Cost game’ started from May 15, situation changed like this in two weeks
The mathematics behind this latest increase is shocking. Government oil companies have started passing the burden of the growing international energy crisis directly onto domestic consumers. This trend started on May 15 when CNG prices were increased by ₹2 directly. Just three days later, on May 18, another increase of ₹ 1 was made. The sequence did not stop here; On May 23, there was another increase of ₹ 1 and now for the fourth time in just two weeks, it has been increased by another ₹ 2. This continuous change has completely spoiled the budget.
New rate card creates stir: What is the price now in your city?
After this latest amendment, CNG prices have started skyrocketing in many major cities including Delhi-NCR. According to the new data, the details of how loose the pockets will be now are as follows:
| City | New price (₹ per kg) |
| Delhi | ₹83.09 |
| Noida/Ghaziabad | ₹91.70 |
| Greater Noida | ₹91.70 |
| Gurugram | ₹88.12 |
| Ajmer | ₹92.44 |
Prices in Mumbai remain higher than Delhi, mainly due to its dependence on expensive imported Liquefied Natural Gas (LNG) and high local taxes (VAT).
Horror of the Strait of Hormuz: Why are domestic kitchens burning with global gunpowder?
After all, why are domestic fuel prices increasing so suddenly? This is directly related to global geopolitical turmoil. The ongoing tensions in the Middle East and particularly the blockage in the Strait of Hormuz have shaken the global energy market. About one-fifth of the world’s oil supply passes through this narrow waterway. Due to the increasing military conflict and insecurity there, the supply chain of crude oil and gas has been completely disrupted at the international level, whose direct and fatal impact is visible on the Indian markets.
Crisis looms on public transport: Will your daily fare double now?
The most painful impact of this ‘four’ of CNG is now going to fall on the common passengers. Most of the buses, taxis, auto-rickshaws and commercial vehicles running in Delhi-NCR are completely dependent on CNG. Transport operators have clearly indicated that they are no longer able to run vehicles at old fares with such expensive gas. Operators argue that they will soon increase fares significantly to continue operating. This simply means that in the coming days, travel for common people going to office and school is not only going to be expensive, but it will also take retail inflation to a new peak.