New Delhi, March 12 -- It may not be smooth running for the ruling BJP-led NDA government in the coming elections if one measures electoral fortunes of political formations based on public perception built over rising fuel prices.
The previous Congress-led UPA government had lost elections in 2014 when petrol prices had risen sharply in September 2013 to Rs 83.67. This is almost identical to price trend under the current regime when petro price shot up to an all-time high level of over Rs 90 a litre in Mumbai in September 2018, just a few months ahead of the general election.
What is worse, retail prices of both petrol and diesel have remained high for in the past one month after a period of softening up in December-January. Though state-...