Close X
Tuesday, November 26, 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

US authorities charge 6 Indian call centres, directors in alleged scam

US authorities charge 6 Indian call centres, directors in alleged scam
The six companies and their directors were charged with conspiring with a company that provides telephone services over the internet, E Sampark, and its director, Guarav Gupta, "to forward tens of millions of scam calls to American consumers".

US authorities charge 6 Indian call centres, directors in alleged scam

12 held in Delhi for duping people on pretext of providing airline jobs

12 held in Delhi for duping people on pretext of providing airline jobs
Ten of the arrested persons have been identified as Neeraj Kumar, Amir, Sandhya, Neeta Rawat, Muskaan, Harpreet Kaur, Nisha, Jaya and Deepika Moni, all residents of Delhi, and Sonu, a resident of Haryana.

12 held in Delhi for duping people on pretext of providing airline jobs

BJP-led alliance promises to waive debt of Punjab farmers

BJP-led alliance promises to waive debt of Punjab farmers
Punjab BJP chief Ashwani Sharma said the alliance government will set up a special task force to probe the sacrilege incidents and fast-track courts to try such cases.

BJP-led alliance promises to waive debt of Punjab farmers

Punjab CM's nephew sent to ED custody till Feb 8

Punjab CM's nephew sent to ED custody till Feb 8
The ED on late Thursday arrested him after over eight hours of questioning. He was summoned for the second time. Honey was earlier summoned by the ED to join the investigation on January 23, but he skipped the first summon on health issues and did not join the investigation.

Punjab CM's nephew sent to ED custody till Feb 8

Rap singer Moosewala tries to step foot in Punjab politics

Rap singer Moosewala tries to step foot in Punjab politics
Leaving behind his celebrated tag of a top Punjabi rap singer with fans across the globe, singer-turned-actor-politician Sidhu Moosewala, who was booked for allegedly promoting gun culture and violence, takes pride in crediting his mother Charan Kaur, sarpanch of his native Moosa village, for making his electoral debut as a Congress candidate from Mansa for the February 20 Assembly polls.

Rap singer Moosewala tries to step foot in Punjab politics

Rahul may announce Punjab CM's face on Feb 6

Rahul may announce Punjab CM's face on Feb 6
With his assurance a power struggle is on between party state President Navjot Sidhu and Charanjit Singh Channi, the first Dalit Chief Minister of a state that is home to 32 per cent Scheduled Caste population, the country's largest, to be the chief ministerial candidate.

Rahul may announce Punjab CM's face on Feb 6