Petrol Price Up Rs 3.38/L: Twitterati Debate Switching to Bicycles
The hike, part of fortnightly revision of fuel prices, will come into effect from Thursday.
Updated:
The Indian Oil Corporation hiked petrol prices by Rs 3.38 per litre and diesel by Rs 2.67 per litre. (Photo: iStockphoto)
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The Indian Oil Corporation (IOC) on Tuesday hiked petrol price by Rs 3.38 a litre and diesel by Rs 2.67 a litre.
The news was certainly not welcome by citizens who took to Twitter to express their fury, cornering the Narendra Modi government on its empty promise of ‘acche din’.
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The rise in fuel prices – necessitated by a 13 percent rise in international oil rates in the last fortnight – comes on the back of four reductions.
The reductions in the last two months had led to the price of petrol in Delhi to come down by Rs 5.56 a litre and Rs 4.92 per litre in the case of diesel. In its last revision, the IOC had cut the petrol price by Rs 1 and diesel price by Rs 2.
The latest hike will come into effect from Thursday.
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