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Cruel Joke part 2: Petrol price cut by 7 paise, diesel by 5 paise per litre

Written by  Nimrat Kaur -- May 31st 2018 10:37 AM -- Updated: May 31st 2018 10:43 AM
Cruel Joke part 2: Petrol price cut by 7 paise, diesel by 5 paise per litre

Cruel Joke part 2: Petrol price cut by 7 paise, diesel by 5 paise per litre

Petrol price cut by 7 paise, diesel by 5 paise per litre After 16 relentless days of price hike, petrol price was slashed by 1 paise on Wednesday morning. The slash caused an outrage by the common man. On Thursday, Petrol price was cut by 7 paise a litre and diesel by 5 paise - the second reduction in as many days on the back of softening international oil rates. Petrol price cut by 7 paise, diesel by 5 paise per litre Petrol in Delhi now costs Rs 78.35 a litre, down from Rs 78.42, according to a price notification issued by state-owned oil firms. Diesel rates have been cut to Rs 69.25 per litre from Rs 69.30. 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. In the 16 consecutive increases since May 14, petrol price was hiked by Rs 3.8 per litre and diesel by Rs 3.38. Congress president Rahul Gandhi on Wednesday slammed the one paisa cut in fuel prices, saying if this was Prime Minister Narendra Modi’s idea of a prank, then it was “childish and in poor taste”. Petrol and diesel prices were cut by one paisa per litre each after 16 days of relentless price hikes. “Dear PM, 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,” said Congress President in a tweet.

“P.S. A ONE paisa cut is not a suitable response to the ‘Fuel Challenge’ I threw you last week,” he said. -PTC News

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