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For India, the world’s third largest consumer and importer of oil after China and the United States, the stress on self-reliance in the energy sector stems from both environmental and cost concerns.
Beneficiaries of the Ujjwala scheme are not seeking refills amid soaring prices of LPG cylinders. According to government data, over 50 per cent of beneficiaries sought four or less refills in the last financial year.
A neutral India has to trudge through a difficult phase to maintain supplies from Russia and the West, as well as keep the domestic prices low
India, the world's third greatest oil consumer, appeared to be heading back towards pre-pandemic levels of fuel consumption, as demand rose in June by 17.9 percent from one year earlier
India, the world's third greatest oil consumer, appeared to be heading back towards pre-pandemic levels of fuel consumption, as demand rose in June by 17.9 percent from one year earlier