oppn parties #1paisajoke: How Can They Do It

News Snippets

  • Government planning a loan mela to cover 400 districts in two phases
  • PM Modi says Kashmiris need a hug from all Indians
  • NPA tag will not be put on any MSME till March 20
  • Government likely to announce another economic stimulus package today ahead of the GST Council meet in Goa
  • Air Marshall RKS Bhadauria, slated to retire just a few days from now, to be the next chief of IAF
  • PM Modi slams politicians from his own party who are making irresponsible statements on the Ayodhya case and tells them to wait for the Supreme Court order
  • Telecom panel says resident welfare associations (RWA) cannot give monopoly access to any one service provider and infrastructure in public spaces and residential complexes will have to be shared by all
  • Mamata Banerjee meets Amit Shah, tells him there is no need for an NRC in Bengal
  • After 14 days, there is no hope left for reviving Vikram, the moon lander
  • CBI teams search for elusive Rajeev Kumar
  • Union minister Babul Supriyo assaulted at Jadavpur University
  • West Bengal governor's convoy not allowed to enter Jadavpur University following a blockade by Left students' union
  • ABVP supporters create ruckus at Jadavpur University in Kolkata
  • The Army conducts an operational alert exercise in eastern Ladakh
  • The IAF reopened the Vijaynagar advance landing ground, an airstrip in Arunachal Pradesh near the Chinese border
Government announces cuts in corporate income tax, stock markets welcome the decision with a massive jump
oppn parties
#1paisajoke: How Can They Do It

By admin

About the Author

Sunil Garodia By our team of in-house writers.
People are talking about the #1paisajoke and how Indian PSU companies will never mend their ways. After 19 days of steady rise in oil prices at the pumps, people say they were relieved when a 60p cut was announced on Wednesday. But their relief was short lived as the oil companies reduced the cut to a joke by making it just 1 paisa. They said a “technical glitch” had resulted in wrong calculation.

People are furious as they say that such mistakes cannot be tolerated. They are of the opinion that if a reduction was not announced, they wouldn’t have minded. But giving false hopes and making such silly mistakes reflects very poorly on oil PSUs, supposed to be the best run government companies in India. People say technical glitches happen if things are done in a hurry. But a thing as important as price reduction should have been triple checked before being made public. People are angry that oil companies did not follow this. People want heads to roll for this cruel joke.

Oil companies say they pass on even the minutest cut. The cut also broke the trend of rising prices. But these explanations do not compensate for the blunder in announcing wrong price cuts. It reinforces the image of a bumbling Indian babu, even if he belongs to professionally managed oil PSUs. People are very angry that they have been taken for a ride.