But probably nobody expected the strong protest from all over the country. Whenever there is a devaluation of rupee, there has to be an inflation in the economy. Because of the administered prices, the exact impact of inflation may be delayed. But at some point of time, there is bound to be an increase in the costs. With the increase in petrol prices the cost to motor car owners and taxi drivers increases.
Nobody is bothered if the car owners suffer a cost increase.
But the taxi driver can not absorb the increase in petrol costs. He has to increase the taxi fare. And this affects the middle class people. All the bus companies have to increase the bus fares - which affects the middle class as well as the poor. When the diesel price increases, the entire truck transport industry is affected.