Amidst the rising oil prices in India, there is good news for the people of India. The Union Minister of India has assured the Indian people that he will discuss the increased prices and imports of oil from Saudi Arabia and from it.
Right now, most of the large consignments of Indian oil come from countries where prices per barrel are higher than Saudi Arabia and that is also one of the reasons why the best price of Indian oil is higher than the general international market.
The Union Minister said that he is trying to make every effort to reduce the increasing burden on the Indian people and in this sequence he will share India’s oil demand with these two countries through the Ministry of External Affairs.
The same Nitin Gadkari has said that Indian people should shift their attention from petrol and diesel to other fuel systems such as the use of electric vehicles. In the statement, Nitin Gadkari also said that hydrogen-powered vehicles will soon be shown on the roads in India and exploring such options will prove to be much better for India.
If the agreement is with countries like Saudi Arabia and Russia, then the immediate benefits will soon go to the Indian consumers and a large amount of reduction can be done to give relief to the people in the Indian oil market.
Let us tell you that a few days ago, an advocacy was made in Delhi to bring petrol under the purview of GST, in which the Truck Association had written a letter to the government in this regard and said that Delhi should first implement it so that other states also follow it. Do it and the public should not have to face inflation due to rising fuel prices.
