Govt absorbed ₹30,000 crore burden to shield citizens amid fuel price hikes: Report

Amid the fuel price hikes, government maintains that India's cumulative fuel price increase is "among the world's lowest," given the scale of the global energy shock, NDTV Profit reported citing government sources. The sources added that the government has absorbed a shock of ₹30,000 crore to shield consumers by holding prices steady for 76 days before initiating the hike cycle.

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