Puri hails SBI report, claiming four-fold job creation in 2014-24 as compared to 2004-14
Union Minister for Petroleum and Gas, Hardeep Singh Puri hailed a study by the State Bank of India (SBI)
Union Minister for Petroleum and Gas, Hardeep Singh Puri hailed a study by the State Bank of India (SBI)
While speaking at the inaugural session of first edition of Urja Varta, he underscored the importance of the exploration and production sector in achieving energy self-sufficiency and sustaining economic growth.
"Bharat is the only country, where prices of petrol and diesel over a representative period have come down in the case of petrol by about 2 per cent or so and diesel by a little per cent instead of going up,” the Union Minister said.
He asserted that India is perhaps the only country in the world where fuel prices have come down over a two- and half-year reference period.
The minister further said that he is not in favour of divestment of government stake in state-run oil companies. "Why would we divest ourselves of highly successful Maharatnas like BPCL," he said.
Russian Deputy Prime Minister Alexander Novak made the statement during his meeting with India's Ambassador to Russia, Pavan Kapoor on December 9.
Over 1.45 crore people are eligible to vote in civic polls in which 1,349 candidates are in the fray, setting the stage for the high-stakes civic polls largely seen as a three-way contest between the BJP, the AAP and the Congress.
Union Minister of Petroleum and Natural Gas and Urban Affairs Hardeep Singh Puri will inaugurate the conference to be attended by over 100 experts from across India and other countries including the US, Norway and the European Central.
The minister also highlighted India's commitment to accelerating a just and sustainable energy transition at the ministerial dialogue on India-US strategic clean energy.
Highlighting the progress in the Energy sector, Hardeep Singh Puri said that today modernization and digitization have become an imperative rather than a choice.