India
On Wednesday , people were thrilled after petrol and diesel rates were ostensibly cut. After 16 days of relentless price hikes, it was reported petrol price was cut by about 60 paise a litre and diesel by 56 paise on the back of softening international oil rates and strengthening Indian rupee.
Updated : May 30, 2018, 04:28 PM IST
On Wednesday , people were thrilled after petrol and diesel rates were ostensibly cut. After 16 days of relentless price hikes, it was reported petrol price was cut by about 60 paise a litre and diesel by 56 paise on the back of softening international oil rates and strengthening Indian rupee.
However, news later emerged that the petrol and diesel price cut was only by 1 paisa per litre. Oil companies blamed a clerical error for the previous amounts. The reduction comes after 16 consecutive price increases since May 14 when fuel retailers ended a 19-day pre-Karnataka poll hiatus to pass on a spike in global oil rates. In all, petrol price was increased by Rs 3.8 per litre and diesel by Rs 3.38 in that fortnight.
Prices vary from state to state depending on local sales tax or VAT. Delhi has the cheapest price among all metros and most state capitals.
A lot of people were understandably outraged after the news. Here’s how they reacted:
Before petrol prices drop: The Walking Dead.
— Netflix India (@NetflixIndia) May 30, 2018
After petrol prices drop by 1 paisa: Still Walking Dead.
Fuel price cut by 1 paisa! Yay! Let's stop complaining now! https://t.co/lIFC5xlJ1D
— Faye DSouza (@fayedsouza) May 30, 2018
Dear PM,
— Rahul Gandhi (@RahulGandhi) May 30, 2018
You've cut the price of Petrol and Diesel today by 1 paisa. ONE paisa!??
If this is your idea of a prank, it’s childish and in poor taste.
P.S. A ONE paisa cut is not a suitable response to the #FuelChallenge I threw you last week. https://t.co/u7xzbUUjDS
After 16 days of hikes, Petrol and Diesel price cut by 1 paisa.#HumFitTohIndiaFit is already showing results
— Shirish Kunder (@ShirishKunder) May 30, 2018
yaaay - i saved 29 paise on a full tank. What all do i do with that savings ... any suggestions https://t.co/27jp335ATA
— Harini Calamur (@calamur) May 30, 2018
I am going to invest this in mutual funds now https://t.co/SkYnFgL5Xb
— Saurabh Sharma (@100rabhsaccount) May 30, 2018
SALE !! SALE !! SALE !!
— Godman Chikna (@Madan_Chikna) May 30, 2018
Discount on Petrol of 1 Paisa https://t.co/sRM82diemQ
Isn't it a joke on common people? https://t.co/KPJbyIQhOh
— Prabodh Kant (@prabodh_kant) May 30, 2018
You have to give it Modi Govt for its sense of humour, though! https://t.co/dYpW3spyrl
— Kiran Choudhry (@officekiran) May 30, 2018
When @IndianOilcl , slashes prices of petrol and diesel by 1 paisa.
— Ruchita Maheshwari (@Ruchi_Mahi) May 30, 2018
Petrol now at Rs 86.23/litre & diesel selling for Rs 73.78/litre in Mumbai #PetrolPrice #Petrolled pic.twitter.com/wgw13iZybe
Itne paiso se hum kya karenge bhai? Materialistic nahi hai hum log, bas thoda pyaar chahiye. https://t.co/K1WdBLasXQ
— Arijit Paladhi (@Punladhi) May 30, 2018
Yaar please don't spoil us na with your largesse. https://t.co/cX2YUvquAm
— Smita Prakash (@smitaprakash) May 30, 2018
1. When you realise petrol prices have dropped
— Appurv Gupta-GuptaJi (@appurv_gupta) May 30, 2018
2. By 1 PAISA pic.twitter.com/iIs6KORRcO
A full 1 paisa. Are they sure they can afford it? https://t.co/TJZYRdnOPX
— menaka doshi (@menakadoshi) May 30, 2018
This is absolutely a cruel joke on us. After increasing #FuelPrice everyday continuously for 16 days, #ModiGovt has cut petrol price by 1 paisa today.#ShameOnBJP https://t.co/oZdQRHXdvZ
— Sanjay Nirupam (@sanjaynirupam) May 30, 2018
Wow. 1 paisa!! So much money!! I'll buy a car with the money I save due to the 1 paisa reduction. What about you? https://t.co/PdQjMMYK9h
— Hasiba B. Amin (@HasibaAmin) May 30, 2018