oppn parties #1paisajoke: How Can They Do It

News Snippets

  • Former Pakistani cricketer Shoaib Akhtar proposes an Indo-Pak ODI series to raise funds for fighting coronavirus
  • Maharashtra government says many Tablighi Jamaat members who attended the Markaz and returned have gone into hiding
  • West Bengal government identifies hotspots in Kolkata and the rest of the state, inclined to extend the lockdown in those places only
  • Prime Minister Modi holds a video conference with floor leaders of opposition parties, hints at extending the lockdown
  • UP seals hotspots and makes masks mandatory
  • Masks made compulsory in Mumbai, violators will be arrested
  • ICMR says an infected person can infect 406 people in 30 days without social distancing and lockdown
  • Stock markets make a smart recovery. Sensex up by record 2476 points on global cues
  • Schools, colleges and shopping malls likely to remain closed for a further period of one month, says empowered group of ministers
  • PM Modi tells BJP workers that India is in for a long battle against the coronavirus and there is no scope to feel tired or defeated
  • PM Modi asks ministers to focus on exports and new areas and sectors
  • PM Modi asks ministers to prepare business continuity plan post the lifting of the lockdown
  • Corona cases in India cross 4000 and the death toll stands at 124
  • The government decides to double the testing of corona suspects from 10000 now to 20000 in the next three days
  • Flipkart assures employees that there will be no job or salary cuts due to the COVID-19 pandemic
COVID-19: 773 new cases and 32 deaths in the last 24 hours, reports the health ministry
oppn parties
#1paisajoke: How Can They Do It

By admin
First publised on 2018-05-31 08:45:29

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.