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Petrol Price Cut by Rs. 2 Per Liter

  • By PTI

  • Jun 02, 2012
  • NEW DELHI, India

    Following sharp criticism, petrol price was on Saturday cut by Rs. 2 per liter, a partial rollback of the Rs. 7.54 a liter increase effected more than a week ago.

    The reduction, a result of fall in international oil prices, will mean that petrol in Delhi will cost Rs. 71.16 per liter from midnight, as against Rs. 73.18 at present.

    The decision came after a fortnightly review by oil marketing companies.

    UPA ally Trinamool Congress as well as opposition parties still demanded a " complete rollback" and said they would not settle for anything less.

    Trinamool leader and West Bengal Chief Minister Mamata Banerjee said she was unhappy with the petrol price cut and called for a complete rollback. 

    "I am not happy at the cut in petrol price by Rs. 2 per liter. It is not enough. It is still a burden on the common man. There should have been a total rollback of the hike," she told reporters in Kolkata.

    Terming the reduction in petrol prices as "totally inadequate," CPI National Secretary D. Raja demanded a "complete rollback.”

    BJP spokesperson Rajiv Pratap Rudy also pressed for a "total rollback." 

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