Govt Reassures India: No Fuel Shortage Amid Panic Buying
Govt Reassures India: No Fuel Shortage Amid Panic Buying
The government says petrol, diesel, LPG and natural gas are adequately stocked nationwide despite pockets of panic buying, with price-stability measures and duty cuts announced.
The government has assured that petrol, diesel, LPG and natural gas supplies remain adequate across India despite isolated incidents of panic buying. Officials said refineries are operating normally and inventories are sufficient to meet demand.
To stabilise prices and ensure availability, excise duty on petrol and diesel has been reduced by ₹10, while export levies have been imposed on diesel and ATF. LPG supplies remain steady with no stockouts reported, and additional kerosene has been allocated to states as a precaution.
Authorities continue to monitor the situation closely to prevent disruptions in fuel availability nationwide. While some regions reported brief spikes in demand, the overall supply chain remains resilient and able to meet consumer needs.
Citizens are urged to stay informed and avoid hoarding as officials work to maintain steady supplies and price stability across the country.
