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

SKM's crucial Saturday meet to decide agitation's future course

SKM's crucial Saturday meet to decide agitation's future course
Days after the Parliament repealed the three contentious farm laws, the Samyukt Kisan Morcha (SKM) will be holding a crucial meeting on Saturday to discuss whether to end the over-an-year- old agitation, among other issues. The meeting will be held at the Singhu Border camp site, which acted as the headquarters for the SKM.

SKM's crucial Saturday meet to decide agitation's future course

AAP promises to provide free school education in Punjab

AAP promises to provide free school education in Punjab
Aam Aadmi Party (AAP) national convener and Delhi Chief Minister Arvind Kejriwal on Thursday announced to provide high quality free education to the children of Punjab in government schools, if his party forms the government.

AAP promises to provide free school education in Punjab

List single decision not implemented, Punjab CM dares Oppn

List single decision not implemented, Punjab CM dares Oppn
Reiterating his government's commitment to implement each and every decision in the right earnest, Channi said that notwithstanding the time constraint, his government would leave no stone unturned to resolve the remaining issues.

List single decision not implemented, Punjab CM dares Oppn

Delhi Police arranges bus for Nihangs heading for Bangla Sahib

Delhi Police arranges bus for Nihangs heading for Bangla Sahib
With farmers protesting at the Delhi borders for over a year, several incidents of protestors clashing with the Delhi Police have been reported. Here Delhi Police have deployed extra personnel and they often talk to the farmers leaders and Haryana Police to maintain peace.

Delhi Police arranges bus for Nihangs heading for Bangla Sahib

Wanted to give expensive gift to girlfriend, says i-Phone thief

Wanted to give expensive gift to girlfriend, says i-Phone thief
Furnishing details about the robbery, a police official said that the incident took place on November 23 when the accused, along with another man, robbed an Apple iPhone after putting a knife on the victim's neck when he was crossing a park in western Delhi.

Wanted to give expensive gift to girlfriend, says i-Phone thief

Confirmation of Omicron cases in India not unexpected: WHO

Confirmation of Omicron cases in India not unexpected: WHO
The detection of two cases of Omicron, the latest variant of Covid-19, in Karnataka was not unexpected in view of the interconnected world that people live in, Poonam Khetrapal Singh, Regional Director, WHO South-East Asia, said on Thursday.

Confirmation of Omicron cases in India not unexpected: WHO