Modi sarkar faces public ridicule after petrol price cut down by just 1 paise after a 16-day hike

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After the price hike of petrol and diesel for 16 consecutive days, the government of India on Wednesday (30 May) has brought down the prices of petrol and diesel by 1 paisa each.

1 paise
file photo: PTI

State-owned oil companies this morning announced reduction in petrol price by 60 paise to Rs 77.83 a litre and diesel by 56 paise to Rs 68.75 in Delhi. Within hours of the announcement, they revised the cut to just 1 paisa a litre each. It was announced that this was due to a ‘clerical error.’

The current price of petrol is at Rs 78.42/litre in Delhi and Rs 86.23/litre in Mumbai while diesel stood at Rs 69.30/litre in Delhi and Rs 73.78/litre in Mumbai.  In Kolkata, the revised price of petrol is Rs 71.85 while in Chennai the revised price is Rs 73.17.

The prices of petrol and diesel were constantly going up since 14 May, when fuel retailers ended a 19-day pre-Karnataka poll hiatus to pass on a spike in global oil rates.

Congress President Rahul Gandhi took to twitter to take a dig on the move. He posted, “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. (sic)”

Congress spokesperson Sanjay Jha also took a dig at Prime Minister Narendra Modi government.

The topic dominated the social media conversations too, with users poking fun at the Centre’s Narendra Modi government. Some reminded that even the RBI had stopped minting one paisa coin many years ago and the currency had ceased to be in use.

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