India’s petrol prices hiked for the fourth time

India’s petrol prices hiked for the fourth time

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Asia Bizz: The price of petrol has been increased by oil companies from midnight on 4th November 2011 in the Asian country of India. Petrol will now be Rs. 1.82 costlier per litre and this is the fourth hike in the year 2011.

The price of the fuel will be Rs. 71.16 in Chennai, Rs. 73.71 in Mumbai, Rs. 71.98 in Kolkata, Rs. 72.64 in Bengaluru and Rs. 68.84 in Delhi. The recent price hike of petrol has been severely criticized by the Bhartiya Janata Party.

Rajiv Pratap Rudy, the spokesperson of BJP has said that it is not just another fuel hike, but another instance of midnight deceit. Even senior leader Sushma Swaraj had Tweeted after the fuel hike saying that this is another blow to the common man from an insensitive government.

Trinamool Congress had expressed its grief over the recent price hike. Mukul Roy, the general secretary of the party had said that they are upset over the hike of petrol price. Uttar Pradesh Chief Minister Mayawati had termed the price hike as anti-people and demanded to roll back the hike immediately. The BSP supremo in a statement had said that the hike of the prices of petrol is a cruel joke on the people of the country.

On September 16, Bharat Petroleum, HPCL and Indian Oil had hiked the prices of petrol by Rs 3. 14 per litre.