• About us
  • Contact us
  • Our team
  • Terms of Service
Monday, August 3, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Govt ramps up measures to ensure fuel, LPG supplies amid Hormuz disruption

Press Trust of india by Press Trust of india
March 29, 2026
in BUSINESS
A A
0
Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
FacebookTwitterWhatsapp

New Delhi: The government has stepped up measures to secure fuel and gas supplies amid the closure of the Strait of Hormuz, while urging citizens to avoid panic buying as sporadic rushes were reported at fuel stations.

In a statement, giving an update on developments following the war in West Asia, the oil ministry said refineries are operating at high capacity with adequate crude inventories, and stocks of petrol and diesel remain sufficient nationwide. Retail outlets are functioning normally, even as rumours triggered temporary spikes in demand in some states.

More News

India approves just 1 Chinese FDI proposal worth Rs 1 cr, 13 Hong Kong proposals worth Rs 610.42 cr

Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gas

PM Modi inaugurates Bhogapuram Airport, says Andhra poised to become manufacturing hub

Load More

“There were certain rumours, which led to panic buying at some retail outlets in a few states, resulting in unusually high sales and heavy crowding at retail outlets. However, it is informed that there are adequate stocks of petrol and diesel available at all petrol pumps in the country,” it said.

To boost domestic availability, the government has cut excise duty on petrol and diesel by Rs 10 per litre and imposed export levies of Rs 21.50 per litre on diesel and Rs 29.50 per litre on aviation turbine fuel (ATF).

In the gas sector, supplies have been prioritised for households and transport, with 100 per cent allocation to piped natural gas (PNG) and CNG, while industrial and commercial users are receiving about 80 per cent of average consumption. Fertiliser plants are being supplied at 70-75 per cent, with additional LNG cargoes being sourced, it said.

The ministry said the expansion of city gas distribution networks is being accelerated by streamlining approvals and pushing a shift from LPG to piped natural gas (PNG).

More than 2,90,000 new (PNG) gas connections were added in March, while companies, including Indraprastha Gas, Mahanagar Gas, GAIL Gas and BPCL, are offering incentives for PNG adoption.

LPG supplies have been impacted by the geopolitical situation, though deliveries remain normal with no reported shortages. Daily refill deliveries exceeded 55 lakh cylinders, and measures to curb diversion have been tightened, it said.

Commercial LPG supply has been gradually restored to about 70 per cent of pre-crisis levels, with priority given to hospitality, food services and key industries.

The government has also increased kerosene allocations to states and intensified enforcement against hoarding and black marketing, conducting about 2,900 raids and seizing around 1,000 cylinders recently.

States have been directed to step up monitoring, conduct daily briefings, counter misinformation and fast-track gas infrastructure approvals.

“The government reiterates its advice to the public not to believe rumours,” the statement said.

“Government is making all efforts to ensure the availability of petrol, diesel and LPG. Avoid panic purchases of petrol, diesel and booking of LPG.”

Previous Post

LG Sinha orders major crackdown on drug networks targeting youth

Next Post

Impact of PM Surya Ghar Muft Bijli Yojana felt across India: PM

Press Trust of india

Press Trust of india

Related Posts

India approves just 1 Chinese FDI proposal worth Rs 1 cr, 13 Hong Kong proposals worth Rs 610.42 cr

India top recipient of Commonwealth FDI: Report
August 2, 2026

  New Delhi:  India approved just one Chinese FDI proposal worth Rs 1 crore, while clearing 13 applications from Hong Kong...

Read moreDetails

Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gas

Petrol price hit highest level under BJP govt, diesel at record high
August 2, 2026

New Delhi: Petrol and diesel sales by India's three state-run fuel retailers rose sharply in July as below-normal monsoon rainfall...

Read moreDetails

PM Modi inaugurates Bhogapuram Airport, says Andhra poised to become manufacturing hub

Nation responds to PM’s call for fuel conservation
August 1, 2026

Visakhapatnam: Highlighting the development potential of Andhra Pradesh, Prime Minister Narendra Modi on Saturday said global companies are exploring opportunities...

Read moreDetails

Commercial LPG prices cut by Rs 192, ATF rates up Rs 5/litre

Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
August 1, 2026

New Delhi: The prices of commercial LPG -- used in establishments such as hotels and restaurants -- were on Saturday...

Read moreDetails

Gross GST mop-up grows 15.4% to over Rs 2.11 lakh cr in July on higher imports, sales

August 1, 2026

New Delhi: Gross GST collections grew 15.4 per cent to over Rs 2.11 lakh crore in July on higher mop-up...

Read moreDetails

Cabinet approves extension of PM-KISAN scheme till FY’31 with outlay of Rs 3.15 lakh crore

Cabinet nod to expand infra, academic capacity of five IITs
August 1, 2026

New Delhi: The government on Friday extended the PM-KISAN scheme for the next five years till 2030-31 with a total...

Read moreDetails
Next Post
Pahalgam terror attack: PM Modi steps up diplomatic offensive against Pak

Impact of PM Surya Ghar Muft Bijli Yojana felt across India: PM

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.