Bengaluru: The day after government and the state government announced a reduction in fuel prices, many motorists here said it was not enough.
In Bengaluru, the price of gasoline was reduced from Rs 113.93 / Liter on Wednesday to RS 107.64 on Thursday morning on an Indian oil gasoline bed, while the price of diesel dropped from Rs 104.50 / liter to Rs 92.03 / liter.
At night, the announcement Wednesday Wednesday Rs 7 per day from Rs 7 per liter of state tax reduction on kicking fuel, after gasoline and diesel prices each Rs 100.58 and Rs 85.01 respectively.
Motor fuel is more expensive by one or two Paise in other petroleum company beds.
On Wednesday night, CM Basilvaraj Bommai has tweeted: “Even though it means losing the RS 2,100 Crore for us, it will reduce prices for our citizens to Rs 95.90 & Rs 81.50 (on average) each for gasoline and diesel.
” However, many fuel dealers denied it, saying that the price of fuel would be more expensive.
The current level of fuel in Bengaluru is Rs 4.68 and Rs 3.51 more liters for gasoline and diesel rather than CM projections.
Not all riders are happy.
Tinu Cherian Abraham, a social media influencer, tweeted: “reminded the tactics of the shopkeeper – increase the price of 50%.
Give a 10% discount.
All people are happy (sic).” Kirankumar S, a driver of Indiranagar, said: “This reduction is not Deepavali prize.
They are forced to reduce them because of the results of the Bypoll recently.
If they are serious about ordinary people, they must keep the price of gasoline and diesel below Rs 70 per liter.
“On Thursday morning, there are fewer customers in most material stations burn.
“The request is less due to deepavali and because of rumors that prices will decrease further.
Those who travel for emergencies and go far fill in their tanks in small quantities,” the outlet owner said.
Fuel dealers upset the price reduction that suddenly has not run well with the dealer.
Many buy extra stock for a long weekend.
“The stock purchased earlier must be sold at a revised price.
The more stock, the higher the loss.
The sudden decision has left all dealers in trouble,” said a dealer in the city.
Alataath, another fuel dealer, said: “Most of us suffer losses between Rs 15 Lakh and Rs 35 Lakh because of a unbearable price reduction.
This center must increase the dealer profit margin.
Margin has not been revised since 2017.” KM BasaveGowda, The President, Akhila Karnataka Federation of Petroleum traders, said: “Customs reduction is welcome but it should be applied gradually like the way it increases.”