Close X
Friday, September 20, 2024
ADVT 
India

Govt looking for alternative market for fuel purchase: Puri

Darpan News Desk IANS, 14 Mar, 2022 01:08 PM
  • Govt looking for alternative market for fuel purchase: Puri

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.

MORE India ARTICLES

Lakhimpur Kheri case: Accused Ashish Mishra walks free after four months

Lakhimpur Kheri case: Accused Ashish Mishra walks free after four months
Ashish Mishra had moved the Lucknow bench of the High Court seeking insertion of sections 302 (murder) and 120 B (criminal conspiracy) of IPC that were 'inadvertently' not mentioned in the high court order as the jail authorities would not release him due to the omission.

Lakhimpur Kheri case: Accused Ashish Mishra walks free after four months

305 kg ganja valued at Rs 2 cr seized in Delhi, one held

305 kg ganja valued at Rs 2 cr seized in Delhi, one held
An interstate ganja supplier was arrested and 305 kg of the contraband valued at Rs 2 crore in the international market was recovered from his possession in the national capital, an official said here on Tuesday. The accused was identified as Shyam Sundar, 29, a resident of Firozabad district in Uttar Pradesh.

305 kg ganja valued at Rs 2 cr seized in Delhi, one held

SAD-BSP alliance promises solar energy in poll manifesto

SAD-BSP alliance promises solar energy in poll manifesto
The alliance promised Rs 10 lakh free annual health insurance for all Punjabis, Rs 2,000 per month to all women heads of 'blue card' families, 5 lakh houses and five marla plots each to homeless poor and hiking old-age pension to Rs 3,100 and shagun scheme of Rs 75,000.

SAD-BSP alliance promises solar energy in poll manifesto

Cong is losing in Punjab, says Ashwani Kumar after quitting party

Cong is losing in Punjab, says Ashwani Kumar after quitting party
In an interview to IANS, Ashwani Kumar, who was perceived as a loyalist of the Gandhi family and had supported against the 'G23' , said it was getting difficult to continue in the party. He also said he is open to join any other party.

Cong is losing in Punjab, says Ashwani Kumar after quitting party

NDA will form govt in Punjab, free it from drugs: Modi

NDA will form govt in Punjab, free it from drugs: Modi
Promising to work on the teachings of Sikh gurus with principles of non-discrimination and equality for all, Prime Minister Narendra Modi said on Monday that the NDA would form the government in Punjab and would free the state from drugs.

NDA will form govt in Punjab, free it from drugs: Modi

Hijab row: Public order not a ground to curb fundamental rights, say petitioners

Hijab row: Public order not a ground to curb fundamental rights, say petitioners
The government can't restrict fundamental rights in the garb of maintaining public order, the counsel for the girl students seeking permission to wear the hijab told the Karnataka High Court on Monday.

Hijab row: Public order not a ground to curb fundamental rights, say petitioners