With prices close to or over Rs 70 and 80 per litre, diesel and petrol are more expensive today than they have ever been. The recent cut of 1 paisa by the Indian Oil Corporation (ostensibly by mistake), which was later corrected to a cut of 15 paisa each, only added insult to injury. As a number of memes doing the rounds on social media have illustrated, an international comparison with neighbouring countries shows that the petrol and diesel prices in India are the highest in the region.
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* This article was originally published in News Central 24x7on June 15, 2018.