Mumbai: Petrol prices dropped again in Mumbai on Thursday, by 21 paise and it is now retailing at Rs 97.19 a litre. Diesel price also dipped by 22 paise and it is now sold at Rs 88.20 a litre at the city pumps. Sources said there could be further dip in rates.
Citizens who felt the pinch of hefty petrol rates are happy it will not cross the Rs 100- mark in Mumbai. The last hike was on February 27.
All India Motor Transport Congress chairman-core committee Bal Malkit Singh, while welcoming the fuel price drop, said rates usually remain unchanged ahead of elections. The country will have polls in West Bengal, Assam, Tamil Nadu and Kerala. “This has been the past experience as rates of petrol and diesel are never hiked during state polls in any part of the country,” he told TOI.