The government on Monday said it would overcome the problem of LPG shortage in the country by Diwali.
The country is facing no shortage of domestic cooking gas at the moment, Petroleum Minister Murli Deora told the Rajya Sabha on Tuesday. As on October 1, 2007, OMCs were serving 9.79 crore LPG customers through their 9,355 distributorships. OMCs have released 27.7 lakh new LPG domestic connections in the country during April-September.
About 2,000 petrol pumps, mostly in western and northern India, have run out of fuel stocks as the strike by some truckers' associations entered the second day on Tuesday.
Modi said the transformations in the country in the past 10 years have reignited a risk-taking culture among the citizens.
India, the world's third largest energy consumer, has enough petrol, diesel and cooking gas (LPG) in stock to last way beyond the three-week nationwide lockdown, as all plants and supply locations are fully operational, Indian Oil Corp (IOC) chairman Sanjiv Singh said.an Singh, who continued to oversee the mammoth operations of ensuring that fuel reaches every nook and corner despite the loss of his father on the day the 21-day lockdown was declared, said there was no shortage of any fuel in the country and customers should not resort to panic booking of LPG refills.
An interesting excerpt from Virender Kapoor's latest book Inspiring India: Taking India from Big to Great.
As oil marketing companies (OMCs) stare at huge under-recoveries, India is facing fuel shortage across the country with states like Rajasthan, Madhya Pradesh, Karnataka Uttarakhand, Gujarat and Haryana being the worst hit. The under-recoveries suffered by OMCs are around Rs 20-25 a litre for diesel and Rs 14-18 a litre for petrol, said sources. Government and state-run companies denied reports of any crisis or supply-side issues on the availability of fuel.
Even as Minister of State for Petroleum Dinsha Patel has told the Rajya Sabha that new connections are easily available for genuine customers, householders all over India are facing an acute shortage of LPG cylinders.
IOC has asked consumers to book LPG refill through IVRS or SMSes so that refills reach genuine users.
As the state police declined the provincial administration's directive to allow police stations to be used as distribution points for the supply of liquefied petroleum gas cylinders to the consumers, the crisis has only deepened.
Truck drivers protesting against a provision in the new penal law on hit-and-run road accidents, called off their strike in Nashik district of Maharashtra on Tuesday after the local authorities assured to look into their demands.
Drivers of commercial vehicles, including trucks and tankers, stopped work in several states on Monday and blocked roads at some places to protest against the provision in the new penal law regarding hit-and-run accident cases involving motorists.
Petrol pumps in many cities witnessed long queues on Tuesday as people came to fill up their vehicle tanks fearing shortage of fuel amid the protest by truck drivers against a provision in the new penal law on hit-and-run accident cases involving motorists.
A shortfall in LPG supply from Aramco has led to huge booking backlog across states. To meet the backlog, India has asked Abu Dhabi National Oil Company for two additional cargos of LPG, but that may take another 10 days to reach.
In a move that could potentially irk New Delhi, China has offered to supply liquified petroleum gas to Nepal after gifting fuel to ease the crisis in the country, hit by acute fuel shortage due to a blockade at key border trade points with India.
The excise duty cut will translate into a reduction of Rs 9.5 a litre on petrol and Rs 7 a litre in diesel after taking into account its impact on other levies.
Announcing the start of day-time domestic commercial operations, the Airports Authority of India said on Saturday night that decision on night operations would be taken on Sunday.
Today beef, tomorrow namaz, the third day Sunday mass the fourth day hijab, the fifth day halal, the sixth day love jihad will always be the issues on hand, asserts Aakar Patel.
The government should bring natural gas under the Goods and Services Tax (GST) regime to realise Prime Minister Narendra Modi's vision for a gas-based economy and raising the share of the environment-friendly fuel in India's energy basket, an industry body that represents the likes of Reliance Industries as well as state-owned firms, has said. Natural gas is currently outside the ambit of GST, and existing legacy taxes -- central excise duty, state VAT, central sales tax -- continue to be applicable on the fuel. In its pre-Budget memorandum to the finance ministry, Federation of Indian Petroleum Industry (FIPI), which boasts of members from across the oil and gas spectrum, also demanded rationalisation of GST on transportation of natural gas through pipeline as well as on re-gasification of imported LNG to help bring down cost of the environment friendly fuel.
The Consumer Price Index (CPI)-based inflation is now projected to be at 5.3 per cent for 2021-22 with risks evenly balanced. In its August policy, the central bank had estimated inflation to be at 5.7 per cent due to supply side constraints, high crude oil and raw materials cost.
In a discussion in Lok Sabha on the COVID pandemic, members called for ban on international flights in view of the outbreak of the Omicron strain and demanded that the government 'accept responsibility' for deaths of lakhs of people during the outbreak.
Reliance Industries Ltd, India's largest private sector refiner, will restart operations at its Jamnagar refinery LPG-making unit next week, company Nikhil Meswani, executive director said on Monday.
To young professionals I would say, work hard, play hard and not be constrained by fads like WLB, says Sudhir Bisht.
Industry officials say the crunch has not only affected manufacturing of edibles but even of items like nozzle pumps and other goods used in packaging.
The government-appointed Kirit Parikh committee suggested an 'immediately' hike prices of diesel by Rs 5 a litre, Rs 4 per litre in kerosene and Rs 250 per cylinder in LPG, reduce annual entitlement of subsidised cooking gas cylinder from six from nine and phase out diesel subsidy in one year to cut a record subsidy burden.
Modi govt is committed to extend the piped gas networks in the country to 30,000 kms in the next 15 years as against the 15,000 kms network today
Responding to a series of questions on the situation in Jammu and Kashmir during Question Hour, Shah also asserted that not a single person has died in police firing after August 5 when the special status accorded to Jammu and Kashmir was scrapped.
In politics, if your objective is only winning elections, just Chanakya neeti might do. For governance you need both, Chanakya neeti and Ram Rajya. You can neither beat up the farmers into submission, nor dismiss them as 'Khalistanis', asserts Shekhar Gupta.
Modi also pitched for a social movement to ensure the safety of women and girls.
Long queues outside grocery stores, inflated prices, difficulty in getting important items -- these were some of the problems encountered by people in the National Capital Region (NCR).
Likening the situation in the country to a "social emergency", Prime Minister Narendra Modi on Wednesday made it clear that the nationwide lockdown to contain the spread of Covid-19 cannot be lifted in one go on April 14, asserting that the priority of his government is to "save each and every life".
At the height of the agitation against Tata Motors and after, the decibel level at Singur has always been high. The coronavirus scare, however, appears to have tempered it. The lockdown has hit Singur's inhabitants hard in more ways than one, reports Ishita Ayan Dutt.
Nepal's Cabinet on Monday passed a special resolution asking India to open the border entry points to ease supplies of essential goods like medicines, gas and petroleum to the landlocked country, reeling under acute shortage due to blockade of key trade points.
'Nobody expected the slowdown to go for these many days. Unfortunately, it is an unbelievably bad slow down.'
Here's the full text of President Ram Nath Kovind's address on the eve of 70th Republic Day of India.
A 19-year-old Indian was killed as Nepal police opened fire on people demonstrating against the new Constitution near the Indo-Nepal border, hours after security forces baton-charged Madhesi protesters and evicted them from a key bridge in the area in a pre-dawn swoop.
Former chairman of the UIDAI Nandan Nilekani, elucidates how Aadhaar could become the spine for alternative banking and could replace government services with cash benefits.
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