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.
Defence sources said the customary exchange of Diwali sweets took place between the two armies at the Aman Setu bridge near the Kaman post in Uri sector of the LoC. The other point of exchange was Tithwal on the Kishenganga River in Tangdhar sector of the LoC in Kupwara district.
Director General of Police Iqbal Preet Singh Sahota said the Ludhiana rural police earlier this week arrested two persons for providing shelter and logistical support to the accused, Ranjeet Singh, alias Gora, in the Jalalabad blast case, which is being investigated by the National Investigation Agency (NIA).
Chief Minister Yogi Adityanath, who reached Ayodhya for the fifth 'Deepotsav' (festival of lights) event, while inaugurating and laying the foundation stone of various projects worth Rs 661 crore, credited Prime Minister Narendra Modi for the construction of a grand Ram temple and also launched an attack on the opposition parties.
Bharatiya Kisan Union (BKU) leader Rakesh Tikait on Monday warned that if the farmers' demands are not met till November 26, they would pitch tents the following day across all borders of Delhi and reinvigorate their agitation.
In a bonanza to the people of Punjab ahead of Diwali, the Punjab Cabinet on Monday decided to reduce the power tariff to domestic sector consumers having connected load up to 7 KW by Rs 3 per unit.
The Congress is offering 40 per cent reservation in tickets to women in the Uttar Pradesh assembly polls, because the party knows that it would not come to power in the politically crucial state anyway, Delhi Chief Minister and AAP national convener Arvind Kejriwal said here on Monday.
