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.
The Congress is closely watching former Punjab Chief Minister Amarinder Singh's moves and the leaders who have close ties with him. The state unit has been tasked to placate such leaders or arrange a meeting with the high command.
Authorities are worried that the rise of Taliban in Afghanistan may have had a role in the emergence of India as the newest hub not just for consumption but also for trafficking of a variety of drugs.
In a big relief to commuters, the Delhi Police have started removing barricades along the Tikri and Ghazipur borders, 11 months after these were installed to stop the farmers from Haryana and Uttar Pradesh entering the national capital.
Aam Aadmi Party (AAP) national convener and Delhi Chief Minister Arvind Kejriwal lashed out at the corruption, crime and mafia rule in Punjab on Friday. He announced that if his party forms the government in 2022, Punjab will be freed from criminals, the corrupt and inspector raj.
To deal with the ongoing Covid pandemic, India's civil aviation regulator on Friday extended the ban on scheduled international commercial flights till November 30.
Modi reached Rome on Friday morning where he will join other G20 leaders in discussions on global economic and health recovery from the pandemic, sustainable development, and climate change in the first in-person summit of the G20 since the outbreak of the pandemic in 2020.
