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.
Many residential and industrial parts of the city faced major power outages as employees of the Electricity Department went on a three-day strike from Monday night in protest against the privatisation of the department. Most of the places have been facing snapping of power since midnight.
In a significant decision by the Guru Nanak Dev University syndicate, Professor Dr Sanjeev P. Sahni, Principal Director, Jindal Institute of Behavioural Sciences (JIBS), has been appointed as 'Professor of Eminence' for a period of five years. Dr Sahni joins an elite list of scholars extraordinaire who have been awarded the position based on their outstanding contribution to the field of academia.
The accused, identified as Nikhil Goswami, a resident of Uttar Pradesh's Ghaziabad, before being arrested by the Delhi Police from Ghaziabad, stayed for two days in Manali, Himachal Pradesh in an expensive hotel, where the room rent was Rs 25,000 per day.
A bench of Justices Sanjay Kishan Kaul and M.M. Sundresh expressed concern over the ongoing legal battle between Singh and the Maharashtra government, terming it a "messy state of affairs" and also a "very unfortunate situation".
The NCB was keeping a close vigil on the drug smuggling cases in all the election-bound states, during which as many as 14 cases related to the seizure of drugs were reported from Punjab, which went to the polls in a single phase on February 20.
Judge Ambalal R Patel announced a compensation of Rs one lakh for the families of the deceased, Rs 50,000 for the seriously injured and Rs 25,000 for those who suffered minor injuries.
