The revision brings the retail rate of compressed natural gas from Rs 90 to Rs 91.50 per kg across Mumbai. This change comes shortly after a Re 1 per kg hike on November 1, pushing cumulative fuel price increases to Rs 5.50 per kg over the past 75 days. Consequently, local drivers are finding it increasingly difficult to sustain their livelihoods due to growing maintenance, operational, and living costs under existing fare guidelines.
Key points
Commuters throughout Mumbai face higher transport expenses when using local taxis and aut…: Commuters throughout Mumbai face higher transport expenses when using local taxis and autorickshaws.
Auto drivers are struggling to maintain sustainable incomes due to compounding fuel and m…: Auto drivers are struggling to maintain sustainable incomes due to compounding fuel and maintenance overheads.
The latest Sunday revision marks the second price adjustment announced by the distributor…: The latest Sunday revision marks the second price adjustment announced by the distributor since November 1.
Sources checked by our analysis pipeline: 1
Mahanagar Gas Ltd (MGL) on Saturday announced a hike of Rs 1.50 per kg in CNG prices, taking the retail rate from Rs 90 to Rs 91.50 per kg with effect from Sunday. This comes less than a fortnight after a Re 1 per kg increase on November 1, taking the cumulative rise in CNG prices to Rs 5.50 per kg over the past 75 days.
The latest revision could translate into higher commuting costs for millions of people who depend on autorickshaws and taxis across the region. Auto unions say rising fuel prices, coupled with higher maintenance expenses and consumer price index-linked costs, have made it increasingly difficult for drivers to sustain their earnings under the existing fare structure.
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