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PM sets target for higher oil production, less import by 2022: Petroleum Minister

PM sets target for higher oil production, less import by 2022: Petroleum Minister

New Delhi, Mar 20 (UNI) Prime Minister Narendra Modi has set a target that by 2022, India's dependence on oil import must come down at least by 10 per cent, the Lok Sabha was informed today. Union Petroleum Minister Dharmendra Pradhan said during Question Hour that by 2040, India will consume the amount of oil equivalent to the amount of oil consumed by Europe. But he hastened to add that the government is taking all necessary steps to ensure "self sufficiency" in oil and hyrdo carbon production "Our Prime Minister has given a target that within next five years, when this country will achieve 75 years of our Independence, we have to reduce this dependence by 10 per cent. Knowing that challenge, we are preparing ourselves," he said. The government is augmenting the production; through efficient energy management depending on renewable and alternative energy and through conservation, the Minister said. The crude oil imports at present is accounted at about 82 per cent of the total domestic consumption. Last financial year, the same was at 80.9 per cent. The government today also disclosed that over the last three financial years, the amount of imported crude has been on the rise. In 2013-14, it stood at 77.6 per cent and rose to 78.5 per cent in 2014-15. The Government is planning to create energy self-sufficiency, he said adding even through diplomatic measures the issue is being attended to. "Through our good bilateral relations with a changing geo polity; with the emergence of India’s market capacity and the decisive Government under the leadership of Prime Minister; we are achieving that target also. This country will be assured with energy security for a longer period," he said. Most of crude oil production in the country is from fields in states like Andhra Pradesh, Assam, Arunachal Pradesh, Gujarat, Rajasthan, Tamil Nadu and offshore areas, he said. To repeated queries from AIADMK members including from R Vanaroja, the minister assured that no oil exploration work in Tamil Nadu would either pose environmental hazards or would harm the local farmers. "In fact, we have convened a meeting here tomorrow on Tamil Nadu issue and I am inviting all of you to come. There is no contradiction between farmers' interest and development," he said. The Minister said the concerns are misplaced and that the oil and gas exploration and production at all domestic small fields will be as per established practices only. The statement is related to controversies arising out of the two recently awarded contract areas: Karaikal in Puducherry and Neduvasal in Tamil Nadu. In the past few weeks, concerns have been raised over the impact of proposed activities in these areas on agriculture and soil conditions. UNI DEVN SHK 2005

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Those with evil designs will be taught befitting lessons by our soldiers if they cross the line: Naidu

Those with evil designs will be taught befitting lessons by our soldiers if they cross the line: Naidu

New Delhi, July 23 (UNI) Issuing a warning to Pakistan for aiding and abetting terror, NDA nominee for Vice Presidential poll Venkaiah Naidu today said that if those with evil designs and ulterior motives cross the line, they would be taught "befitting lessons" by our brave soldiers.

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23 Jul 2017 | 3:52 PM
Path for Ram Temple at Ayodhya will be cleared before 2019 LS polls: Sakshi

Path for Ram Temple at Ayodhya will be cleared before 2019 LS polls: Sakshi

Vrindavan, Jul 23 (UNI) Controversial BJP MP from Unnao Sakshi Maharaj has unleashed a flurry by announcing here that the NDA government will go to the 2019 Lok Sabha polls after construction work of the much awaited Ram Temple at Ayodhya.

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23 Jul 2017 | 2:42 PM
Charge sheet against Gayatri Prajapati for lodging fake cases against UP IPS officer, wife

Charge sheet against Gayatri Prajapati for lodging fake cases against UP IPS officer, wife

Lucknow, Jul 23 (UNI) Lucknow police is likely to submit charge sheet against former Uttar Pradesh minister Gayatri Prasad Prajapati in the case registered by activist Dr Nutan Thakur at Gomtinagar police station in connection with her along with her husband IPS officer Amitabh Thakur's implication in various criminal cases.

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23 Jul 2017 | 2:37 PM
Constructing  building over roads, Rly tracks-a solution to shrinking urban spaces?

Constructing building over roads, Rly tracks-a solution to shrinking urban spaces?

New Delhi, Jul 23 (UNI) Constructing building in air space over roads, railway tracks and water bodies is the out of the box solution presented before the Union Ministry of Urban development here.

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23 Jul 2017 | 2:51 PM
RERA will hit fly-by-night operators: Key Construction player

RERA will hit fly-by-night operators: Key Construction player

New Delhi, Jul 23 (UNI) Even as the newly enacted the Real Estate Regulatory Authority (RERA) Act is a path-breaking and a game changer law; the players and builders need to be cautious as many operators had to pull down their shutters once the law was enforced in Dubai.

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23 Jul 2017 | 3:24 PM
Women's World Cup: Modi wishes 'Best of Luck' to women's team for finals

Women's World Cup: Modi wishes 'Best of Luck' to women's team for finals

New Delhi, Jul 23 (UNI) Prime Minister Narendra today wished Best of Luck to Indian Women's cricket team for the finals against England at Lords.

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23 Jul 2017 | 4:16 PM
UP Assembly to continue till Tuesday; House to condole death of sitting member tomorrow

UP Assembly to continue till Tuesday; House to condole death of sitting member tomorrow

Lucknow, Jul 23 (UNI) Amid boycott by the opposition members of the budget session, Uttar Pradesh Assembly is slated to be extended for a day till Tuesday next, officials said here today adding that the Assembly would be adjourned after paying tributes to the death of the sitting member while tomorrow's agenda would be taken on Tuesday.

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23 Jul 2017 | 3:19 PM
Ill management of funds affected CMPFO members  financial health

Ill management of funds affected CMPFO members financial health

23 Jul 2017 | 10:15 AM

New Delhi, Jul 23 (UNI) Non-implementation of recommendation of the actuary led to acute deficit in Pension Fund, incorrect diversion of funds from Provident Fund (PF) account to Pension Fund account, non-adherence to the government’s guidelines for investment fund of own employees have adversely affected the financial interests of the members of the Coal Mines Provident Fund Organisation (CMPFO), the public expenditure watchdog report said.

HIV and cancer teams double up to seek out new disease killers

HIV and cancer teams double up to seek out new disease killers

22 Jul 2017 | 7:11 PM

By Kate Kelland, Health and Science Correspondent LONDON, Jul 22 (Reuters) HIV experts at an international conference starting today are keenly courting colleagues in oncology to explore whether advances in harnessing the immune system against cancer can help the search for a cure for AIDS.

JPCC celebrates 26th death anniversary of former Prime Minister Rajiv Gandhi

21 May 2017 | 6:22 PM

Ranchi, May 21 (UNI) The Jharkhand Pradesh Congress Committee today paid floral tributes to former Prime Minister Bharat Ratna late Rajiv Gandhi on his 26th death anniversary which was celebrated by the party as ‘Shahdat Diwas’.

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