Bulk diesel price hike rolled back for Gujarat fishermen

The latest hike in bulk diesel prices has been withdrawn for Gujarat’s fishermen after the state took up the matter with the Centre, Fisheries Minister Jitu Vaghani said in Gandhinagar. The price of premium or higher-grade petrol was increased on Friday by Rs 2 per litre, while the rate of bulk diesel sold to industrial users was hiked by Rs 22.43 a litre, reflecting the spike in global oil prices amid the West Asia conflict. Vaghani on Saturday said the Gujarat government had urged the Centre to offer relief to the fisheries sector by considering a “special exception” and withdrawing the increase of Rs 22.43 per litre in the price of bulk diesel used in fishermen’s boats.“So, the fishermen of the state will now receive diesel at the previously decided concessional rate,” it added.

ગુજરાત રાજ્યના માછીમારોના હિતમાં કેન્દ્ર સરકાર દ્વારા મહત્વપૂર્ણ નિર્ણય લેવાયો છે.

વૈશ્વિક પરિસ્થિતિને કારણે ડીઝલના ભાવમાં થયેલા વધારા વચ્ચે, ગુજરાતના માછીમારોને મળતી સબસિડી યથાવત રાખવાનો મહત્વકાંક્ષી નિર્ણય માનનીય વડાપ્રધાન શ્રી નરેન્દ્રભાઈ મોદીજી ના માર્ગદર્શન હેઠળ લેવામાં… pic.twitter.com/tbdbuUCoG3

— Jitu Vaghani (@jitu_vaghani) March 21, 2026

The Gujarat government had signed a pact with the public sector undertaking Bharat Petroleum to ensure diesel for fishermen at a discounted price. However, the PSU recently increased the diesel price for fishermen by Rs 22.43 per litre.Retail prices have been frozen since April 2022, with companies absorbing fluctuations in global crude prices. The government has indicated it will continue this approach unless there is a significant and sustained spike in international oil rates.
India relies on imports for 88% of its crude oil needs, with a large share transported through the Strait of Hormuz. Ongoing tensions in the region have disrupted supplies and pushed global crude prices higher, touching $119 per barrel before easing to around $108.

(State Correspondent)