Please don't spoil us with your largesse: Twitter full of jokes after petrol and diesel prices slashed by 1 paisa
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.
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: