Close X
Friday, November 15, 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

25 Indians linked to ISIS-K under scanner in Afghanistan

25 Indians linked to ISIS-K under scanner in Afghanistan
The National Investigation Agency has so far identified one Munsib, who is active on social media and is actively involved in online recruitment. Further, the Taliban have also released ISIS-K recruiter Aijaz Ahangar from a jail in Afghanistan. Ahangar is listed as a most-wanted terrorist in India.

25 Indians linked to ISIS-K under scanner in Afghanistan

Purohit sworn-in as Punjab Governor

Purohit sworn-in as Punjab Governor
Purohit took the oath in English. Earlier in the day, he arrived at the Punjab Raj Bhavan and was given a guard of honour by a Punjab Armed Police contingent.

Purohit sworn-in as Punjab Governor

Amarinder contradicts Rahul on Jallianwala Bagh renovation

Amarinder contradicts Rahul on Jallianwala Bagh renovation
Amarinder Singh when asked said, "I do not know what has been removed, it looks very nice to me." The statement is contrary to Rahul Gandhi who on Tuesday joined the outrage on social media over the renovation.

Amarinder contradicts Rahul on Jallianwala Bagh renovation

Khattar's claims on farmers' welfare 'shoddy defence': Amarinder

Khattar's claims on farmers' welfare 'shoddy defence': Amarinder
In a hard-hitting response to his Haryana counterpart's tweets questioning him on farmer welfare, Punjab Chief Minister Amarinder Singh on Tuesday ripped into Manohal Lal Khattar's claims, terming them a "pathetic attempt" to cover up the "sustained and persistently shameful treatment meted out" to farmers by his government.

Khattar's claims on farmers' welfare 'shoddy defence': Amarinder

Ahead of Harish Rawat's visit to Punjab, factionalism escalates in Cong

Ahead of Harish Rawat's visit to Punjab, factionalism escalates in Cong
Rawat is scheduled to visit Punjab in a day or two and will talk to Chief Minister Amarinder Singh and state president Navjot Singh Sidhu and sort out the issues arising out of the differences between the two leaders.

Ahead of Harish Rawat's visit to Punjab, factionalism escalates in Cong

Scrap power purchase pacts, Sidhu asks Punjab CM

Scrap power purchase pacts, Sidhu asks Punjab CM
The government has decided to call a special session of the Vidhan Sabha for one day on September 3 to commemorate the historic 400th Prakash Purb of Guru Tegh Bahadur.

Scrap power purchase pacts, Sidhu asks Punjab CM