The Centre said there is no change in excise duty on petrol and diesel for domestic consumption, with export duties continuing to be reviewed every fortnight based on global price trends to ensure local availability.
ALSO READ | No proposal to hike fuel prices, supplies adequate: Govt
Earlier this week, a government official said that India has no proposal at present to increase retail fuel prices amid recent geopolitical developments in West Asia.
Speaking at an inter-ministerial briefing on the evolving situation in the region, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said there is currently no plan to revise petrol and diesel prices.
“LPG, petroleum and diesel are available in sufficient amount and the prices have not increased, so please do not panic,” Sharma said, underscoring that supplies remain adequate.
She added that while imports of crude, LPG and PNG have been impacted due to the West Asia crisis, the government has taken steps to minimise disruption for domestic consumers. “Accordingly, 100 per cent supply has been ensured for domestic LPG consumers, domestic PNG consumers and CNG transport,” she said.Commercial LPG supply has been restored to about 70 per cent, with priority being given to hospitals and educational institutions. Key sectors such as pharmaceuticals, steel, seeds and agriculture are also being prioritised, she added. The supply of 5 kg FTL cylinders for migrant labour has nearly doubled.
