"Diesel prices have been hiked and the people will see more such things in future," he said while addressing a rally after unveiling the statue of freedom fighter and former MLA Ganji Prasad here.
Diesel prices were hiked by 50 paise on Saturday.
The Samajwadi Party leader also took potshots at the Central ministers for using twitter as a medium of communication.
Yadav said,"now a new trend of tweets is going on and the ministers are tweeting to issue their clarifications."
He asked people in the rally,"does anyone here knows the meaning of tweet". Yadav also asked the district magistrate sitting near him about twitter,"DM 'saheb' please tell me the meaning of tweet as you all are more educated here".
Yadav asked Narendra Modi government to lend power and coal for nearly one-and-a-half-year to Uttar Pradesh, and said "in 2016 the state will return all its borrowed power with interest to the Centre."
"Even if they need more we would give that too," he said.
He also criticised media for "misinterpreting" his comments on Badayun gang-rape and murder case.
"Now I have to be more alert in saying anything to the media as what I said in Kanpur was showed something else," he said.
On asked about the law and order situation in the state against the backdrop of the Badaun case, Yadav asked a journalist, "I hope you have not faced any danger!."
Yadav exhorted his party workers not to lose hope after drubbing the Lok Sabha polls "as their fight was against communalism and their party has throughout followed the path of secularism".
"We have lost elections but will not leave our political ideology. Taking to path of communalism for success (in politics) is easy but following the path of secularism is difficult. We chose the path of secularism. Our party is more democratic and gives much respect to people," he said.
"In this tough fight, Samajwadi Party got more votes in this parliamentary elections as compared to the previous parliamentary elections. People have lend their support to SP in this election too," he claimed.