Mahua Moitra's reference to judge Loya's death sparks uproar in Lok Sabha, Rijiju warns of action
New Delhi, Dec 13: Trinamool Congress MP Mahua Moitra's reference to the death of judge B H Loya "long before his time" created uproar in Lok Sabha on Friday as Union minister Kiren Rijiju accused her of raising a matter settled by the Supreme Court and warned of "appropriate parliamentary action".
Participating in a debate on 75 years of the the Indian Constitution, Moitra made a passing, but contentious, remarks on Loya's death as she attacked the ruling BJP for allegedly targeting institutions and opposition leaders to silence critical voices.
The House was adjourned briefly twice due to the uproar over the matter, and the debate resumed after Speaker Om Birla said he has asked her to authenticate her claims. He also assured opposition members he will look into their reservations against Rijiju's "threatening" language against a woman MP.
BJP member Nishikant Dubey first raised the issue Moitra finished speech. He also objected to her criticism of former chief justice of India D Y Chandrachud, who recently retired, for a host of reasons, including receiving Prime Minister Narendra Modi at his residence during the Ganapati festival.
Dubey accused Moitra of making insinuation about Loya's death.
Later in a post on X, Moitra said all those reporting that "Parliament Affairs Minster warned me - it is he who will face action for threatening me! His remarks to be deleted- not mine!"
Rijiju said the judge's death case is settled and the TMC MP's remarks were very serious. There is no question of any link or interference, he added.
The parliamentary affairs minister said, "We will take appropriate parliamentary action. You cannot escape. You are setting a very wrong precedent."
Any member will otherwise make similar allegations, he added.
When the House reconvened after two adjournments, senior opposition members, Saugata Roy of the TMC and K C Venugopal of the Congress, protested against Rijiju's choice of words, emphasising that it was the Speaker who is the custodian of Lok Sabha.
Both the MPs said the ruling party could have resorted to appropriate rules to seek action if they had an issue with Moitra's speech.
Addressing Birla, Venugopal said, "You are the custodian. You have the powers to delete, expunge... The parliamentary affairs minister took the entire custody of House and he virtually threatened the lady member."
Roy accused Rijiju of making "brazen effort" to threaten Moitra.
Congress leader Venugopal said the minister's responsibility is to maintain peace in the House but he instead "threatened" and intimidated a woman member. He demanded that Rijiju apologise or his remarks be expunged.
The Speaker lamented members engaging in personal allegations and counter-allegations, and asked them to have a constructive debate over issues related to the Constitution.
Birla said he has asked Moitra to authenticate her remarks. He said he will look into what the minister has said and will delete, if needed.
Judge Loya's death in 2014 had created a major row following a media report alleging foul play as he was hearing a politically sensitive case. The matter reached the Supreme Court.
While hearing some PILs, the SC had said there was no merit in pleas alleging foul play. It said, the judge died of natural causes.
And btw all the media outlets who are reporting that Parliament Affairs Minster warned me - it is he who will face action for threatening me! His remarks to be deleted- not mine!
— Mahua Moitra (@MahuaMoitra) December 13, 2024
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Rs 30,000 cr loss a month: Oil companies bleed as fuel prices on hold amid global energy spike
New Delhi (PTI): About Rs 700-1,000 crore loss per day. Rs 30,000 crore every month. India's state oil companies are quietly absorbing a massive financial hit to keep petrol, diesel and LPG prices unchanged even as global energy markets face a turmoil that is bigger than all previous crises combined.
While countries from Japan to United Kingdom have raised petrol and diesel prices by up to 30 per cent since the start of the West Asia conflict, fuel prices in India continue at two-year-old levels.
The war disrupted India's import of 40 per cent of crude oil (raw material for making petrol and diesel), 90 per cent cooking gas LPG and 65 per cent natural gas (used to generate electricity, make fertilizer, turned into CNG and piped to household kitchens for cooking), but state-owned oil companies have maintained uninterrupted fuel supplies with no rationing or shortage at any point in the last 10 weeks.
But this has come at a cost - Rs 30,000 crore under-recovery or loss every month for the three oil marketing companies - Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL), two sources with direct knowledge of the matter said.
The under-recoveries - the gap between input costs and realised retail prices - rose sharply in March/April before tapering a bit. Daily under-recoveries during April were estimated at about Rs 18 per litre on petrol and Rs 25 per litre on diesel, translating into average losses of Rs 700-1,000 crore a day for OMCs, they said.
At a news briefing on developments in West Asia, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said prices in the international markets, on which India relies to meet 88 per cent of its oil needs, have been volatile and supplies impacted.
Crude oil prices which were around USD 70 per barrel two months ago, are now at USD 120, she said. "It has been government's endeavour to keep prices stable so far and that there is no price increase for consumers," she said. "This has hit finances of OMCs... monthly under-recoveries are of the order of Rs 30,000 crore."
She, however, refused to say if retail petrol and diesel prices will continue to hold.
"As I said, the endeavour so far has been to see that there is no price increase," she said.
The three oil marketing companies (OMCs) have worked overtime to keep the supply lines running even when demand spiked due to panic buying.
The government intervention included excise duty reductions and absorption of part of the fuel cost burden. The special additional excise duty on petrol was cut to Rs 3 per litre from Rs 13, while excise duty on diesel was reduced to zero from Rs 10 per litre.
The under-recoveries would have swelled to nearly Rs 62,500 crore had the government not cut excise duty on petrol and diesel by Rs 10 per litre each.
The government, Sharma said, has taken a hit of Rs 14,000 crore a month in cutting the excise duty.
The Centre's effective absorption at peak crude prices was estimated at around Rs 24 per litre for petrol and Rs 30 per litre for diesel.
The February 28 strikes by the United States and Israel on Iran triggered a sharp escalation in West Asia tensions. Energy prices surged as the conflict widened and shipping risks intensified in the Strait of Hormuz - the shipping lane through which India and other countries imported crude oil, LPG and natural gas from Gulf countries. Tanker movement was disrupted.
The companies also faced additional costs from emergency crude sourcing, higher freight charges due to vessel diversions, elevated marine insurance premiums and refinery optimisation expenses. Despite these pressures, fuel and LPG supplies remained uninterrupted across the country.
The surge in crude prices and the decision to shield consumers from higher retail prices placed significant strain on OMC balance sheets and refining margins, sources said.
They added that the measures reflected a policy decision to prioritise consumer stability and economic continuity during a global energy shock.
Sources warned that a prolonged period of elevated crude prices could lead to higher working capital borrowings and force some recalibration of capital expenditure plans. However, investments linked to refining expansion, energy security infrastructure, ethanol blending, biofuels and transition fuels would continue with government backing, they said.
India's approach contrasted with measures adopted by several other economies, where fuel prices rose sharply after the conflict-driven energy shock.
Petrol prices increased by about 34 per cent in Spain, 30 per cent in Japan, Italy and Israel, 27 per cent in Germany and 22 per cent in the United Kingdom, according to estimates. Several countries also introduced rationing, conservation advisories, emergency relief packages or fuel caps.
In India, petrol prices remained Rs 94.77 per litre and diesel at Rs 87.67, with no rationing, mobility restrictions or supply disruptions, they added.
Sharma said the revenues that OMCs earn are used to buy crude oil, build infrastructure to process it into fuel and create channels that will take the fuel to consumers.
Their capex spending is all dependent on the revenues they earn, she added.
