‘Fuel demand recovery stays patchy in Aug.’
The Hindu
India’s fuel demand recovery remained patchy in August as petrol consumption continued to rise but diesel sales fell, preliminary data from state fuel retailers showed on Wednesday.State-owned fuel re
India’s fuel demand recovery remained patchy in August as petrol consumption continued to rise but diesel sales fell, preliminary data from state fuel retailers showed on Wednesday. State-owned fuel retailers sold 2.43 million tonne of petrol in August, up 13.6% from August 2020. It was 4.1% higher than pre-COVID sales of 2.33 million tonne in August 2019. Sales of diesel — the most used fuel — rose 15.9% to 4.94 million tonne during August over the previous year, but was down 9.8% from August 2019. Diesel consumption was 8% lower than pre-COVID levels in first half of August.The Shakti Scheme in Karnataka has completed its first year, yet the smart cards intended for the beneficiaries remain undistributed. According to Transport Minister Ramalinga Reddy, while the smart cards have been prepared, their issuance has been stalled due to the absence of electronic ticketing machines (ETMs) in all buses, making them impractical.
Chief Minister Siddaramaiah and Leader of the Opposition in the Legislative Assembly R. Ashok were engaged in war of words over the Lok Sabha election results on Tuesday, with the former calling the latter “ignorant and entertaining people”. In response, Mr. Ashok said the Chief Minister “sometimes wakes up from deep slumber to exhibit his arrogance and anger”.