After single-day halt, fuel prices continue to rise
New Delhi, Sep 13: Fuel prices in the country resumed their upward movement on Thursday with prices hitting fresh highs in three of the four metro cities.
In the national capital, petrol price touched Rs 81 per litre, up from Rs 80.87 on Wednesday, according to data from the Indian Oil Corp website.
On Wednesday, prices were unchanged in three cities, except Kolkata, where fuel prices fell by a rupee after the West Bengal government cut excise duty by Re 1 per litre.
Transport fuel prices have been on a rise for around a month now, owing to higher crude oil prices coupled with a depreciating rupee. Any fall in the Indian rupee against the US dollar makes the import of crude oil expensive as the transaction is done in dollars.
Brent crude oil is currently priced over $79 per barrel. The rupee, on the other hand, slumped to a record low of 72.91 per dollar on Wednesday, before settling at 72.19 per greenback.
In Mumbai and Chennai, petrol was sold at an all-time high of Rs 88.39 and Rs 84.19 per litre respectively, both record levels, up from the previous Rs 88.26 and Rs 84.19 per litre.
In Kolkata too, the fuel price rose but did not surpass the all time high of Rs 83.75 on Tuesday. On Thursday, it was sold at Rs 82.87 in the West Bengal capital, up from the previous 82.74 per litre.
In tandem with the rise in petrol prices, diesel prices also climbed to fresh highs.
In Delhi, Mumbai and Chennai, diesel prices were at record levels of Rs 73.08, Rs 77.58 and Rs 77.25 respectively, up from the previous levels of Rs 72.98, Rs 77.47 and Rs 77.13 per litre.
Diesel price in Kolkata rose to Rs 74.93, against Wednesday's 74.82 per litre. The all-time high in the city for diesel price is Rs 75.82, recorded on Tuesday.
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Kharge says LPG crisis due to govt's lack of planning, BJP accuses Cong of creating anarchy
New Delhi (PTI): Leader of Opposition in Rajya Sabha Mallikarjun Kharge on Monday held the government responsible for the current LPG crisis by not taking preemptive measures, evoking a sharp counter from Union Minister J P Nadda, who accused the Congress of trying to create anarchy in the country and indulging in politics instead.
Raising the matter during the Zero Hour in the House, Kharge accused the government of not doing advance planning and making alternative arrangements for LPG imports as the government "knew" that the West Asia crisis could impact critical maritime routes and energy supplies.
Rebutting him strongly, Nadda, who is also Leader of the House, accused opposition parties, especially Congress, of not standing with the people but of instigating them.
"The LPG crisis has caused widespread panic across the entire nation. Its impact is severely affecting the poor and vulnerable sections, the middle class, ordinary households, restaurants, hostels, and commercial users," Kharge said.
India imports nearly 60 per cent of its total LPG requirements. Of this, 90 per cent of imports pass through the Strait of Hormuz. From this perspective, Kharge said the current situation has become a matter of serious concern for both domestic availability and price stability.
He said the effects of the LPG crisis are being felt in nearly every part of the country, and people in households are distressed.
Kharge sought to highlight that small roadside eateries, restaurants, hostels — all are impacted. From community kitchens to Ram Rasoi, everything has shut down. Not just homes — MSMEs and other commercial users are facing severe difficulties in obtaining LPG cylinders.
"It is concerning that many establishments have limited or completely halted their operations. Some are purchasing at exorbitant rates, over Rs 5,000 per cylinder," the senior Congress leader claimed.
Kharge further said that the Union Petroleum Minister had claimed in the Lok Sabha that there is no shortage of LPG and called for caution against rumours.
"But the ground reality proves the government's claims wrong," he added.
He said that when the government was issuing advisories to Indian citizens in Iran that the situation could worsen, it should have clearly stated that this could also impact critical maritime routes and energy supplies, and should have taken steps in advance.
"Government very well knew that a crisis was impending at the Strait of Hormuz. The situation would not have been that bad had advance planning and alternative arrangements for LPG imports done in advance," Kharge said.
He said the waiting period for cylinder bookings in the country has also been extended, now 25 days in cities and 45 days in villages/remote areas.
This has triggered panic booking and increased the likelihood of hoarding, he said.
The Congress leader questioned why the government did not take stringent measures if it knew that the LPG crisis in the country would escalate.
"Why didn't it take the people and opposition in confidence? This crisis exposes the government's dismal management and flawed foreign policy," he said, and demanded a discussion on the issue.
While Kharge was making his remarks, Chairman C P Radhakrishnan repeatedly asked him to conclude as only three minutes are allowed to a speaker during the Zero Hour. However, the Chair allowed him extra time.
Parliamentary Affairs Minister Kiren Rijiju said Petroleum Minister Hardeep Singh Puri had given a detailed response on the issue in the Lok Sabha, but Congress members did not hear him out.
The Minister said Leader of Opposition in the Lok Sabha Rahul Gandhi was given the floor in the Lower House to speak on the issue, but he spoke on other things instead.
Nadda lamented that the Opposition, especially the Congress, is not hesitating to indulge in politics even during times of crisis.
He said the current West Asia conflict is not due to India and has no contribution.
The senior BJP leader said a Congress leader has also been caught hoarding LPG cylinders.
"They are resorting to hoarding of cylinders. They are instigating people. They are inciting the peaceful people of the country, and this is very unfortunate that even in such a situation, they are indulging in politics.
"Instead of standing with the country, they are trying to create anarchy...This is condemnable," Nadda added.
