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 joint call to action comes from non-attainment cities like Ludhiana, Amritsar, Khanna, Patiala and others reeling under poor air quality, and not just during winters.
In his address in the Assembly's special session to mark the commemoration of 400th Prakash Purb of Guru Tegh Bahadur, he stressed that the Sikh faith is distinguished by the tradition of martyrdom to uphold principles and righteousness given to "us by our great Gurus".
A total of 40.8 per cent people have shown satisfaction with Congress leader Rahul Gandhi in the five states going to the polls next year, while 41.3 per cent showed dissatisfaction with him, as per the ABP-CVOTER-IANS BATTLE FOR THE STATES - WAVE 1.
According to the ABP-CVOTER-IANS BATTLE FOR THE STATES - WAVE 1, the goodwill of the Union government remains the same except in Punjab, which is up against the Centre over the three farm laws.
The survey found that overall, 13.3 per cent said the 'country is moving forward but not my life', 29.3 per cent said the 'country is moving forward and my life too', while 5 per cent said that 'life is improving but the country is in poor state'.
A day earlier, Customs officials had recovered 495 grams of gold valued at Rs 24.14 lakh from a passenger on his arrival from Dubai. The gold was concealed in various items like a blender, facial cream box, and sandals. A case for smuggling of gold was registered. Further investigation is in progress, an official said.
