Government of India Efficiently tackling situation in Wake of West Asia War
News Kashmir Analysis
The West Asia Conflict has caused headache for entire world. USA, Israel war on Iran is leading to lot of death and destruction. The energy crisis is also felt in many countries. The Government of India has played great role in ensuring availability of necessary stock and operations of life in country run smoothly. The rumour mongers too are debunked by the Union Government. Government of India in every sense is tackling aftermaths of the war in a brilliant manner.
In this regard, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri today clarified that the rumours of a lockdown in India are completely false and there is no such proposal under consideration by the Government. In a social media post, Mr Puri noted that as the global situation remains in flux, the government is closely monitoring developments across energy, supply chains, and essential commodities on a real-time basis. He assured that all necessary steps are being taken to ensure the uninterrupted availability of fuel, energy, and other critical supplies for the citizens, asserting that India is prepared to handle emerging challenges. He further added that the country has consistently demonstrated resilience in the face of global uncertainties and will continue to act in a timely, proactive, and coordinated manner. He urged everyone to remain calm, responsible, and united.
In another bright development,
The government on Friday slashed special additional excise duties for petrol and diesel by Rs 10 per litre each, bringing the centre-imposed taxes down to Rs 3 per litre of petrol and making it zero for diesel.
However, industry sources say the reduction is unlikely to translate into lower prices at fuel stations for most consumers as the cut will larely be absorbed by oil marketing companies (OMCs) to offset heavy losses on pump sales.
Expert pulse is delightful that
For India, which has spent the past decade diversifying both suppliers and shipping routes away from a single Gulf corridor, these attacks only reinforce the logic of diversification. The more routes and counterparties New Delhi can rely on, the less exposed it is to disruptions at any single chokepoint or bypass.
Also, External Affairs Ministry said India continues to be in touch with all concerned countries for the safe transit of its ships to meet country’s energy requirements. Briefing the media in New Delhi this afternoon, Ministry spokesperson Randhir Jaiswal said four ships laden with LPG have arrived in India after crossing Strait of Hormuz so far. On purchase of energy requirements, Mr Jaiswal highlighted India’s broad approach to sourcing energy needs. He added that it is based on New Delhi’s imperative to secure the needs of 1.4 billion people, dynamics of the market and the global situation. He said these three issues are vital for decision-making regarding energy sourcing.
We need to be proud of our great country especially managing the tricky situation so nicely.