\n| Zepto<\/span><\/span><\/td>\n | Not Listed<\/td>\n | No public stock price<\/td>\n | \u2014<\/td>\n | Private<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\nSwiggy, Zomato, Ola And Uber Workers Likely To Join Protest<\/h2>\nThe shutdown call is expected to impact delivery and ride-hailing platforms including Swiggy<\/span><\/span>, Zomato<\/span><\/span>, Blinkit<\/span><\/span>, Zepto<\/span><\/span>, Ola<\/span><\/span>, Uber<\/span><\/span>, Rapido<\/span><\/span> and Amazon Flex<\/span><\/span>.<\/p>\nUnion leaders said the rising fuel costs will severely impact earnings of workers who depend on two-wheelers and cars for daily income.<\/p>\n According to GIPSWU, nearly 1.2 crore gig workers across India will face direct financial pressure due to the fuel price increase.<\/p>\n <\/p>\n \n \n Petrol Prices in Key Years (India)<\/h3>\n\n \n \n\n\n| Year<\/th>\n | Petrol Price (Approx.)<\/th>\n | Key Context<\/th>\n<\/tr>\n<\/thead>\n | \n\n| 1947<\/td>\n | \u20b90.25\u20130.27\/L<\/td>\n | Early post-independence pricing; low taxes and lower crude oil costs<\/td>\n<\/tr>\n | \n| 1970<\/td>\n | \u20b90.90\/L<\/td>\n | Gradual rise due to economic expansion and oil demand<\/td>\n<\/tr>\n | \n| 1990<\/td>\n | \u20b94.20\/L<\/td>\n | Government-controlled pricing before economic liberalisation<\/td>\n<\/tr>\n | \n| 2004<\/td>\n | \u20b933.71\/L<\/td>\n | Rising global crude oil prices began impacting domestic fuel prices<\/td>\n<\/tr>\n | \n| 2013<\/td>\n | \u20b972.26\/L<\/td>\n | Sharp rise due to rupee weakness, global crude prices, and taxes<\/td>\n<\/tr>\n | \n| 2014<\/td>\n | \u20b972.43\/L<\/td>\n | Prices remained relatively stable compared to 2013<\/td>\n<\/tr>\n | \n| March 2024<\/td>\n | \u20b92\/L cut<\/td>\n | Central government reduced petrol and diesel prices before Lok Sabha elections<\/td>\n<\/tr>\n | \n| May 2026<\/td>\n | \u20b93\/L hike<\/td>\n | Fuel prices increased after nearly four years of freeze amid rising crude oil prices and Middle East tensions<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nHere\u2019s What Happened Today And Why Workers Reacted<\/h2>\nThe government on Friday raised petrol and diesel prices by Rs 3 per litre with immediate effect.<\/p>\n The hike was linked to rising global crude oil prices and continued geopolitical tensions in the Middle East, especially concerns surrounding Iran and the Strait of Hormuz.<\/p>\n However, gig workers said the increase would sharply reduce already strained daily earnings.<\/p>\n Workers claim that fuel, maintenance and operational expenses have risen steadily over the past few years, while payouts from aggregator platforms have not increased proportionately.<\/p>\n This triggered strong reactions from delivery executives and cab drivers, many of whom already work 10 to 14 hours daily under difficult weather and traffic conditions.<\/p>\n Rising Costs Could Trigger Migration Among Workers<\/h2>\nAccording to the union, the latest fuel price hike may lead to large-scale migration among gig workers searching for alternative sources of income.<\/p>\n National Coordinator Nirmal Gorana said gig workers remain among the worst-hit sections of the unorganised workforce because most depend heavily on motorcycles and scooters for earning daily wages.<\/p>\n \u201cExpenses related to fuel, vehicle upkeep and maintenance have increased sharply, but payment rates have not kept pace,\u201d he said.<\/p>\n He added that women workers, drivers and delivery executives are facing the maximum pressure due to long working hours and rising living costs.<\/p>\n India\u2019s Gig Economy Faces Growing Pressure<\/h2>\nIndia\u2019s gig economy has expanded rapidly over the last few years.<\/p>\n According to estimates by NITI Aayog<\/span><\/span>, the country had nearly 77 lakh gig workers in 2020-21. That number is expected to cross 2.3 crore by 2029-30.<\/p>\nDelivery executives and ride-hailing drivers linked to food delivery, quick commerce and mobility platforms travel long distances every day while bearing fuel and maintenance expenses on their own.<\/p>\n The latest fuel price hike has now intensified concerns around income sustainability within the sector.<\/p>\n What Impact Could This Have On Consumers And Investors?<\/h2>\nConsumers in several cities may face delays in food deliveries, grocery orders and ride bookings during the shutdown window if participation remains high.<\/p>\n For investors, the development highlights rising operational pressure in India\u2019s fast-growing gig economy and quick commerce sectors.<\/p>\n If fuel prices remain elevated for a longer period, companies may eventually face pressure to increase worker incentives and payouts, which could impact margins.<\/p>\n Market participants will now closely watch whether platform companies announce relief measures or revise payment structures for drivers and delivery partners in the coming weeks.<\/p>\n","protected":false},"excerpt":{"rendered":" Gig Workers Union Calls Nationwide Shutdown Over Fuel Price Hike A nationwide protest by gig workers could disrupt app-based services across India today after the Gig & Platform Service Workers Union (GIPSWU) called for a five-hour shutdown. The union has urged cab drivers and delivery partners linked to major digital platforms to suspend services from […]<\/p>\n","protected":false},"author":4,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[1899,1894,1890,1892,1891,1897,1893,1901,1895,1898,1900,1896],"ppma_author":[1331],"class_list":{"0":"post-26203","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news","8":"tag-blinkit-delivery","9":"tag-diesel-price-hike","10":"tag-fuel-price-hike","11":"tag-gig-economy-india","12":"tag-gig-workers-strike","13":"tag-ola-drivers","14":"tag-petrol-price-hike","15":"tag-rapido-bike","16":"tag-swiggy-delivery-partners","17":"tag-uber-drivers","18":"tag-zepto-delivery","19":"tag-zomato-delivery-workers"}," _eael_post_view_count":0,"authors":[{"term_id":1331,"user_id":4,"is_guest":0,"slug":"sourabh","display_name":"Sourabh Sharma","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/26203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=26203"}],"version-history":[{"count":2,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/26203\/revisions"}],"predecessor-version":[{"id":26212,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/26203\/revisions\/26212"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/26206"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=26203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=26203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=26203"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=26203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} | |
![\"Fuel](\"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2026\/05\/Fuel-Prices-in-India-May-2026.png\")