What a relief! Fuel prices down by 1 paisa;  Twitter ‘petrolls’ PM Modi

Wednesday morning brought cheers to the Indians as the news of the 60 paise reduction in fuel prices per litre made everyone take a sigh of relief. But unfortunately this happiness and sense of relief did not last long. Soon the Indian Oil Corp's (IOC) website described this reduction as a "technical glitch" and clarified that actual price cut was of just one paisa a litre.

“There was a technical glitch in posting the selling prices of petrol and diesel on our website today. The selling prices of petrol and diesel w.e.f. (with effect from) May 30, 2018 have been rectified on our website,” a spokesperson with company said, adding: “Today, there is a minor reduction in fuel prices.”

Hours after the Centre reduced petrol and diesel prices by one paisa, Congress chief Rahul Gandhi and others mocked at Prime Minister Narendra Modi.

“Dear Prime Minister, you have cut the price of petrol and diesel today by 1 paisa. ONE paisa!?? If this is your idea of a prank, it is childish and in poor taste,” tweeted Gandhi.

“P.S: A ONE paisa cut is not a suitable response to the #FuelChallenge I threw you last week,” he added.

The cut comes after 16 consecutive day of price increase since May 14 when fuel retailers ended the pre-Karnataka poll hiatus. For 19 days there were no movement in prices of both the fuels.

With inputs from IANS