May 21, 2024

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Centre did not take well timed steps on account of elections in 5 states: Pawar on gasoline value rise ​

2 min read

By PTI

PUNE: NCP chief Sharad Pawar on Tuesday stated the Centre didn’t take well timed steps to examine the costs of petrol and diesel on account of elections in 5 states. He additionally stated that the charges of gasoline went up as a result of Russia-Ukraine warfare.

Petrol and diesel costs have been on Tuesday hiked by 80 paise a litre every whereas home cooking gasoline LPG charges have been elevated by Rs 50 per cylinder as state oil companies ended an over four-and-half month hiatus in fee revision, fanning inflation fears.

Queried about inflation and hike in gasoline costs after polls, the previous Union minister stated the costs of petrol, diesel and oil went up primarily on account of two causes.

“There was a need to take some measures but the government didn’t take any steps as there were polls in five states. Secondly, the effect of the Ukraine-Russia war is also there (on fuel prices) and people of India will have to pay the price,” he stated.

Asked concerning the rising demand for one-time FRP (Fair and Remunerative Price) funds to sugarcane cultivators, Pawar stated there was no objection to giving one-time FRP funds.

“But if the one-time FRP fee needs to be given, sugar factories must acquire loans from banks and that isn’t a sensible resolution.

As per my opinion, farmers ought to get the remuneration on time by sugar mills, not by acquiring loans from banks however by promoting the produce (sugar) out there,” the previous Union agriculture minister prompt to sugar mills.

Pawar stated that in some states, the place there is no such thing as a sugarcane cultivation, ethanol is produced utilizing grains.

“If there is maximum production of ethanol, the import of crude oil will come down, which is a good thing. But while doing this (encouraging ethanol production from grains), the Centre should ensure that there should not be any bad effects on the process of making ethanol from sugarcane,” he stated.

Pawar stated a precaution ought to be taken to make sure that the sugar enterprise will survive within the course of of manufacturing ethanol from grains and ethanol from sugar.

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