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Petrol prices up by only 5% as against 50% in developed nations, says Union Minister Puri in LS
Petroleum Minister Hardeep Singh Puri on Tuesday said in the Lok Sabha that in the aftermath of the Russia-Ukraine war, petrol prices in India have gone up by merely 5% as against over 50% in some of the developed countries.
Intervening in the short duration discussion in the Upper House on ‘Situation in Ukraine’, the Minister rejected the Opposition’s charge that Operation Ganga was ‘operation transport’ and not ‘operation evacuation’.
Referring to rising petrol prices, the Minister said, “We are not the only country impacted by the war.” The Russia-Ukraine war has affected the entire world, he added. Citing figures, the Minister said the increase in prices of petrol was very low in India as compared to developed and other developing nations in the aftermath of the war.
He said petrol prices have gone up by over 50% in countries like the U.S., the U.K., Canada, Germany, and Sri Lanka. In case of India the increase worked out to be only 5%, he added. Mr. Puri also pointed out that the price of natural gas has shot up several times in the international market after the outbreak of the war.
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