Govt looking for alternative market for fuel purchase: Puri
Darpan News Desk IANS, 14 Mar, 2022 01:08 PM
New Delhi, March 14 (IANS) Union Minister for Petroleum Hardeep Singh Puri on Monday informed the Rajya Sabha that the government is looking for an alternate market for fuel purchase amid the ongoing Russia-Ukraine conflict.
Responding to a question during 'Question Hour', he said that the government has been exploring all options such as currency to facilitate purchase, supply of oil in markets, insurance and freight.
In response to Congress lawmaker Shakti Singh Gohil's question whether the government intends to reduce diesel rates, the Minister said that the prices of diesel were deregulated. "Whenever we felt that the common man needed more relief, we went ahead and reduced the price. In November 2021, we brought down the fuel prices by Rs 10," Puri said in the House.
Congress MP K.C. Venugopal said that petrol prices have increased 63 times and diesel 61 times. He also said that since November, the government has not hiked the price and asked whether the price will remain the same or will be a hike or not.
The Petroleum Minister also informed that Venezuela is a country which was subjected to sanctions by another country. He further said that there was hope and expectation that oil from other sanctioned countries would become available, the Organisation of Oil Exporting Countries (OPEC) countries would increase their oil production and there would be persuasion by the international community in this regard.
Puri also said that neither the union government nor the oil companies are going to float oil bonds.
"All legitimate steps would be taken to maintain prices of oil," he said.
The farmers have been told to plough the standing crop, which is yet to mature, and in lieu they will be paid a compensation of around Rs 46,000 per acre.
The Samyukt Kisan Morcha has decided to organise a nationwide protest on March 21, regarding the role of the government in the Lakhimpur Kheri incident, and the betrayal of the assurances given to the farmers' movement.
The Indian delegation was led by Ministry of External Affairs's Secretary, East, Saurabh Kumar, while the Canadian delegation was led by Deputy Minister of Foreign and Global Affairs Marta Morgan.
As many as eight people were reportedly trapped after a building collapsed in North Delhi's Kashmere Gate area on Monday evening. The fire department received the information about the incident at around 5:25 pm.
The Bureau of Civil Aviation Security (BCAS) amended its order issued on March 4 by deleting the para restricting the entry of Sikh employees inside the airport carrying 'kirpan' of specified size. The new order issued on March 12 restored the position prior to March 4.
A former captain of the Indian kabaddi team, Sandeep hailed from Nangal Ambian village in Shahkot. He is survived by his wife and two sons, who are currently in England, where he was settled.
