The idea behind reducing only one paise of petrol price was surely directed to laugh at vehicle users. This reduction was effected after a gap of 16 long days. The cost was continuously rising for the past two weeks.
In a statement, the Indian Oil Corporation made it clear that the prices could be lowered up to 63 paise but eventually, it was only reduced by a paisa. The Congress party leader Rahul Gandhi got a great point to quickly disapprove of the ruling government’s move.
For everyone who has their vehicle, the price revision for as many as 16 times in a row cannot be a matter of appreciation in any manner. It only leads to ire and indignation among the masses.
Currently, it feels like the government is fooling people in the name of reducing the hiked petrol price. A growing number of vehicle users are becoming aware of this tricky trend. More increase, less decrease has become the order of the day at least in the daily adjustment of the fuel prices.
When the Congress party’s P Chidambaram indicated of the scope of fuel price reduction of up to a whopping twenty-five rupees, people got scared and disappointed with the news of just one paisa cut. It seemed like a childish decision.
When battery-driven vehicles are running on the wide roads, there must be attempts to develop the kind of motor engines requiring neither diesel nor petrol for its ignition to run fast. It is only then people would feel free to drive the two-wheelers without extra pain or burden on their pockets.
Though our economists suggest very intensely on the adverse impact of constant hike in the petrol price on our daily lives, they seem to be somewhere missing the point that young people suffer the biggest blow when it comes to rising fuel prices.
So how do we proceed? How do we dismiss it? The government needs to immediately focus on bringing the price of fuel down to a comforting level rather than decreasing it by a few paise at a time.