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.
Channi expressed regret while participating in a virtual meeting chaired by Prime Minister Modi with Chief Ministers and Lieutenant Governors/Administrators of states and UTs to review the prevailing Covid situation as well as the ongoing vaccination drive.
Unveiling the first set of plans in his Punjab Model with focus on resurrection of Punjab, Sidhu, in the absence of Chief Minister Charanjit Singh Channi and his Cabinet colleagues, told the media here: "Punjab Model is people's model, an effort to give a roadmap to return power to people."
Union Minister Hardeep Singh Puri on Tuesday said that he "personally" feels that alliance with the Shiromani Akali Dal (SAD) in Punjab had cost the BJP heavily.
India on Tuesday recorded 1,68,063 new Covid cases, taking the total tally to 8,21,446. Although the fresh infections were 6.4 per cent less than Monday when the country logged 1,79,723, the weekly positivity rate has climbed to 8.85 per cent and the daily positivity rate has declined to 10.64 per cent. On the other hand, 4,461 Omicron cases were recorded from 28 states.
Delhi reported a 25 per cent surge in Covid-19 cases after recording 19,166 fresh cases. With this, the infection tally has climbed to 15,68,896. Meanwhile, the city has recorded 17 Covid deaths on the second consecutive day, pushing the death toll to 25,177.
On Monday, after a detailed hearing in the matter, a bench, headed by Chief Justice N.V. Ramana and comprising Justices Surya Kant and Hima Kohli, said the court will set up a committee headed by a retired top court judge to probe the PM's security breach and asked both the Centre and Punjab government to not move ahead with their respective inquiries into the matter.
