Sunday, September 18, 2011

Next petrol price hike to be pegged at 4.20 rupees per liter | Petrol Price Hike


Realizing that people spent more time on cracking Pi (π) jokes than understanding the probably bad economics behind the latest hike in petrol prices by 3.14 rupees per liter, the government has decided to hitherto follow this pattern and raise prices in equally amusing numbers in future.

If sources are to be believed, the government could soon announce a price hike of 4.20 rupees per liter for petrol on a day when a court could pass orders on framing of charges in the 2G spectrum allocation scam.

“It would be awesome if the court orders filing some charges under the section 420 of the IPC,” an official working in the petroleum ministry hoped, “A petrol price hike on 4.20 rupees per liter in such a scenario would give rise to a deluge of 420 jokes and people would just forget the economics.” Read More

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