Freezing pump rates amid soaring crude was tough but fair as they were insane prices. But softening oil prices have made things okay, IOC’s chairman Shrikant Madhav Vaidya tells TOI…
Is the Budget provision of Rs 30,000 crore to help government refiner-marketers an indirect compensation for losses on fuel sales?
It is a grant. I think this gives a fillip to the ‘Atmanirbhar (self-reliance)’ concept with initial hand-holding if you manufacture it in the country. Fundamentally, electrolyser technology needs to be given a boost.
