How many days of petrol and LPG are left in India now? Click here to read the complete update.

New Delhi. Prime Minister Narendra Modi has appealed to save fuel twice in two days. He is also advising to start work from home and online classes. At the same time, many senior ministers have also reiterated this appeal. With this, a period of discussions has started regarding the oil crisis in the country. Amid speculations about implementing quota, the government has made it clear that there is enough fuel in the country. In fact, due to the war between Iran and America, the world’s oil supply has been significantly affected.

What is fuel rationing?
Fuel rationing means setting a limit on the sale of petrol, diesel or gas by the government. When there is a shortage of oil in the country or the prices rise too much, the government makes rules as to how much fuel a person or vehicle can get in a day or month. Its purpose is to stop wastage and ensure that everyone gets the oil they need. Just like grains are available on ration card, similarly a quota is fixed for oil too so that there is no chaos.

Will quota be implemented in India?
According to PTI, a top official of the Petroleum Ministry said on Monday that India has no plans to impose rationing or quota in fuel supply. Petroleum Secretary Neeraj Mittal said at the annual business summit of the Confederation of Indian Industry (CII), ‘There is no need to panic. There is sufficient supply. Nothing like rationing is happening nor will it happen.

How many days of petrol and LPG does India have?
He said that during the last 67 days of market disruption, India has maintained about 60 days of fuel stock and about 45 days of LPG stock. Despite the rise in international prices since the beginning of the West Asia crisis, petrol and diesel in India are being sold at the same two-year old rates. Petroleum companies are incurring a daily loss of Rs 1,000 crore to Rs 1,200 crore by keeping prices stable despite more than 50 per cent increase in costs.

There are strict rules in these countries
There are many countries including Sri Lanka, Myanmar, Bangladesh, where measures like fuel rationing or control have been implemented. For example, in Slovenia, common car owners are now limited to only 50 liters of petrol/diesel a week. Whereas, the limit for farmers is 200 litres. At the same time, in Pakistan there is a fuel rule of around 5 liters per vehicle. In some areas of France, a QR code system has been started, due to which a vehicle can get only 15 to 20 liters of oil in a week.

Whereas in Germany, in some places, permission has been given to buy only 10 liters of petrol at a time. Sri Lanka also has a similar National Fuel Pass QR system, under which passenger cars are allowed 25 liters of fuel and motorcycles 5 liters per week.

Apart from these, odd even quota has been implemented in Myanmar and Slovakia. Whereas, about 30 percent of petrol stations in Cambodia have been closed due to shortage of fuel.

Comments are closed.