INSUBCONTINENT EXCLUSIVE:
Petroleum Minister Hardeep Puri has attacked opposition for criticising government over fuel pricesDefending the government amid sky
rocketing fuel prices in the country despite international crude rates stabilising, Petroleum Minister Hardeep Singh Puri on Thursday said
that around Rs 1.5 lakh crore of oil bonds issued by the Congress-led UPA regime remain outstanding, which has limited the financial
capabilities of state-owned oil companies."In ''India's Lost Decade'' known for rampant impunity and policy paralysis, UPA Govt saddled
future govts with Oil Bonds
More than Rs 1.5 lakh cr of these remain to be repaid, thus tying up crucial resources, limiting fiscal space - restricting financial
freedom of oil marketing companies (OMCs)," he tweeted.Keeping up with the attack, the minister, who was retaliating to the Congress leader
Rahul Gandhi's charge of the government running on gas, diesel and petrol (GDP), further tweeted that "the important exploration and
production sector was fund-starved
As a result, our import bill continues to be high
Nearly Rs 3.6 lakh crore profits of oil companies was instead used for price stabilisation by a remote controlled govt of ‘economic
experts' to hide behind a ‘All is Well' smokescreen".Earlier on Wednesday, Mr Gandhi while attacking the government for hiking fuel
prices, had said that Rs 23 lakh crore has been collected in the last seven years by increasing prices of gas, diesel and petrol, which he
