petrol price pm modi: During the ‘Century’ of petrol price, PM Modi said, ‘Such a middle class …’

New Delhi: Petrol price hiked by Rs 100 for the first time in the country on Wednesday after fuel prices rose for the ninth day in a row. Meanwhile, Prime Minister Narendra Modi (PM Modi) indirectly commented on rising fuel prices. If the previous government had focused on relying on energy imports, the middle class would not have had a problem. In 2019-2020, India imported 85 per cent oil and 53 per cent gas to meet domestic demand for fuel, Modi said.

Modi was addressing after inaugurating the Ramanathapuram-Thuthukudi section of the Ennor-Thiruvallur-Bengaluru-Puducherry-Nagapattinam-Madurai-Tuticorin natural gas pipeline in Tamil Nadu. Should we be so dependent on fuel imports? I don’t want to criticize anyone. But it has to be said that if we had paid more attention to this issue, our middle class would not have had to bear this burden, said Prime Minister Modi.

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“It is our collective duty to work towards clean and green energy sources and reduce energy dependence,” he said. For the first time in the country, the price of petrol has gone beyond Rs 100. In Sriganganagar in Rajasthan, the price of petrol has reached hundreds. In Madhya Pradesh, it came very close to the century. The country’s fuel prices depend on international rates.

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The government is sensitive to the problems of the middle class. That is why India is now focusing on ethanol to help farmers and consumers.
Ethanol from sugarcane will help reduce fuel imports and provide an alternative source of income for farmers, Modi said. The government is focusing on renewable energy sources and by 2030, the country will produce 40 per cent of its energy. India exports about 6.52 million tonnes of petroleum products. This number is expected to increase further. Our companies have invested abroad to acquire quality oil and gas assets. The government plans to spend Rs 7.5 lakh crore on oil and gas infrastructure in five years. Emphasis has been laid on gas distribution network in cities in 470 districts. The government is working to increase the share of natural gas in the energy sector from 6.3 per cent to 15 per cent, Modi said.