Close X
Sunday, November 10, 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

Fake job racket busted in Delhi

Fake job racket busted in Delhi
According to the officer, an information was received by the special staff team in Shahdara district that a fake call centre was being run near Vishwas Nagar. Subsequently, a police team was constituted to obtain all the relevant details of the persons who were cheated by the accused.

Fake job racket busted in Delhi

Delta variant can infect fully vaccinated individuals: Study

Delta variant can infect fully vaccinated individuals: Study
The study was conducted by the Indian SARS-CoV-2 Genomics Consortium (INSACOG), Council Of Scientific And Industrial Research (CSIR) and the National Centre for Disease Control in two Delhi hospitals.

Delta variant can infect fully vaccinated individuals: Study

Sisodia urges Punjab not to make assistant professors unemployed

Sisodia urges Punjab not to make assistant professors unemployed
 Aam Aadmi Party (AAP) leader and Delhi Deputy Chief Minister Manish Sisodia on Wednesday urged the Punjab government not to make 1,000 guest faculty assistant professors unemployed as they have been handling the education system in government colleges for years.

Sisodia urges Punjab not to make assistant professors unemployed

Punjab Police foil possible terrorist attack, one held

Punjab Police foil possible terrorist attack, one held
The police have recovered two Chinese made P-86 hand grenades and two pistols along with cartridges, besides a black Royal Enfield motorcycle from his possession, said Director General of Police Iqbal Preet Singh Sahota here.

Punjab Police foil possible terrorist attack, one held

'Farmers have right to protest but none can take law into hands'

'Farmers have right to protest but none can take law into hands'
Notably, Prime Minister Narendra Modi had recently announced the repeal of three controversial farm laws after a year of protests. Thousands of farmers are still camping at Delhi's borders and several died from heat, cold and Covid.

'Farmers have right to protest but none can take law into hands'

Will bring lakh farmers to Delhi in support of reforms: SC panel member

Will bring lakh farmers to Delhi in support of reforms: SC panel member
Member of the Supreme Court appointed committee on farm laws, Anil Ghanwat, on Tuesday wrote to the apex court to release their committee's report and also said he will mobilise a lakh farmers, who support farm reforms, to Delhi.

Will bring lakh farmers to Delhi in support of reforms: SC panel member