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.
Taking part in a discussion in the Upper House, Puri said, "I have got an impression that the one realisation which has escaped many is that the enemy here is the virus, not the government, or the Chief Ministers, or the system. It is the virus which is the real enemy."
Union Health Minister Mansukh Mandaviya on Tuesday said it is not correct to say that the third Covid wave will affect children as in the two waves till now children were relatively less infected.
Most experts believe India’s official toll of 414,000 dead was a vast undercount, but the government has dismissed those concerns. A report released Tuesday estimates excess deaths to be 3 million to 4.7 million between January 2020 and this June.
Rejecting all opposition to his elevation, Congress interim President Sonia Gandhi appointed Navjot Singh Sidhu as the party's new Punjab unit President along with four Working Presidents.
Calling the reports of alleged snooping on prominent citizens using Israeli Pegasus spyware as "baseless", the ruling BJP on Monday said there is not a single shred of evidence so far that links either the central government or the party to this controversy.
Congress MPs from both Houses had met on Sunday afternoon at Rajya Sabha member Pratap Singh Bajwa's residence to discuss the issues related to Punjab and sought an appointment with Gandhi.
