Fuel prices continue to touch another peak for the 16th consecutive day, with petrol being sold at Rs 78.43 per litre in Delhi and Rs 86.24 per litre in Mumbai. As the Centre has come under fire over fuel price hike, Union Petroleum and Natural Gas Minister Dharmendra Pradhan earlier assured the public that the government will soon take out a solution to tackle the situation. To tackle the public anger against the rising prices, CEO of Indian Oil Loot (IOL), Mr. Shwetank Srivastava has announced that the company will provide a free car to the customers who would buy petrol for the whole year from the companies petrol pumps across the country.
Shwetank is fully aware of the public wrath pertaining to the fuel price hike and wants to ease out the pain inflicted on the customers. The offer will start from tomorrow and the customer willing to us the offer will have to deposit the full sum of money required to purchase petrol for the whole year. People have started taking a loan to buy petrol for the whole year and they forget that the interest on this loan will be much much larger than the value of the car. The strategy seems to be helping the banks too and various bank authorities were seen praising the decision by Shwetank.
Shwetank’s innovative solution is soon bound to pressurize other companies to follow the same and help out the customers. We have already made you aware of the Finance ministries plans to launch an 85 Rs note to tackle the petrol problem. So be rest assured, the government and Oil companies are working very hard to resolve the price rise issue.